Sonendo Reveals Receipt Of Notice Of Non-Compliance With NYSE Trading Share Price Listing Rule
Portfolio Pulse from Benzinga Newsdesk
Sonendo has received a notice of non-compliance with the NYSE trading share price listing rule. The company's stock, SONX, is at risk of being delisted if it does not regain compliance.
October 02, 2023 | 8:45 pm
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Sonendo's stock, SONX, is at risk of being delisted from the NYSE due to non-compliance with the trading share price listing rule.
Receiving a notice of non-compliance with the NYSE trading share price listing rule is a serious issue for any publicly traded company. If Sonendo does not regain compliance, its stock, SONX, could be delisted from the NYSE. This would likely lead to a decrease in the stock's price as it would become less accessible to investors.
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