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Compliance Rules

All articles tagged with #compliance rules

business2 years ago

Spire and Momentus face delisting warnings from stock exchange.

Spire Global and Momentus, two space companies, have received delisting warnings from the New York Stock Exchange and Nasdaq, respectively, as their stock prices fell below $1 a share. The companies have 180 days to get their stock prices back above $1 a share to comply with the exchanges' rules. Both companies noted the possibility of conducting a reverse stock split to regain compliance.