NATIONAL STEEL CO (SID) Form 6-K — Sep 11, 2026
Companhia Siderúrgica Nacional (CSN) disclosed in a notice to the market that on August 13, 2026 it received a non-compliance notification from the NYSE because the average closing price of its American Depositary Shares was less than $1.00 per ADS over a consecutive 30-trading-day period, breaching Section 802.01C of the NYSE Listed Company Manual. The notice does not trigger an immediate delisting: CSN has six months from receipt of the notice to regain compliance with the minimum share price requirement, has formally notified the NYSE of its intention to cure, and is actively evaluating all available cure alternatives.
Key figures
- Cure Period Months
- 6
- Notice Receipt Date
- 2026-08-13
- Current Price Status
- ADSs currently trading above US$1.00
- Non Compliance Window
- 30 consecutive trading days
- Minimum Price Threshold
- US$1.00 per ADS
AI analysis
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