Spire and Momentus face delisting warnings from stock exchange.
Originally Published 2 years ago — by CNBC
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.