Sequans Receives Notice of Non-Compliance with NYSE Market Capitalization Listing Rules
Sequans received an NYSE notice on September 14, 2026 stating it is out of compliance with Section 802.01B after its 30-day average market capitalization fell below $50 million alongside stockholders' equity under $50 million. The notice does not immediately delist the ADSs. Sequans has 90 days to submit a compliance plan, with a 9-month cure period and NYSE review within 45 days of plan receipt.
Key figures
- Notice date
- 2026-09-14
- Cure period months
- 9
- Market cap threshold
- $50,000,000
- Nyse plan review days
- 45
- Business plan deadline days
- 90
- Stockholders equity threshold
- $50,000,000
AI analysis
Red flags3 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.