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ChargePoint Receives Notice of Non-Compliance with New York Stock Exchange Trading Share Price Listing Rule

1. ChargePoint notified for NYSE non-compliance as average price fell below $1. 2. Alert may induce immediate investor concern and trigger short-term volatility for CHPT.

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FAQ

Why Very Bearish?

The compliance breach raises delisting concerns and signals financial distress. Historical cases show similar alerts can lead to precipitous short-term price declines.

How important is it?

Delisting compliance issues are critical warnings that can undermine investor confidence and trigger significant selloffs.

Why Short Term?

Immediate market reactions and regulatory scrutiny typically drive short-term volatility in such cases.

Related Companies

CAMPBELL, Calif.--(BUSINESS WIRE)--ChargePoint (NYSE:CHPT) (the “Company”), a leading provider of networked solutions for charging electric vehicles (EVs), announced today that it was notified by the New York Stock Exchange (the “NYSE”) on February 19, 2025, that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Common Stock ("the Common Stock") was less than $1.00 over a consecutive 30 trading-day period, which is.

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