Add as a preferred source on GoogleEquus Total Return Gets NYSE Notice Over $1 Share-Price Rule
The company has six months to regain compliance after its average closing price remained below $1 for 30 consecutive trading days.
Equus Total Return (EQS) received a New York Stock Exchange notice after its average closing share price stayed below $1 for 30 consecutive trading days, putting its listing compliance at issue.
The company plans to notify the exchange by Oct. 20, 2026, that it intends to address the deficiency. It has six months from receiving the notice to restore compliance with the NYSE’s share-price requirement.
Equus is evaluating potential remedies, including a reverse stock split, as it works to meet the exchange’s standard.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.