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Solo Brands Receives Continued Listing Standard Notice from NYSE

1. DTC's stock price fell below $1, risking NYSE delisting. 2. The company has six months to regain compliance.

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FAQ

Why Very Bearish?

Historically, stocks falling below delisting thresholds often experience further declines, as investor confidence wanes. Previous cases, such as with ExOne Co. and others, indicate sustained price drops post-notice.

How important is it?

The delisting notice raises significant concerns about DTC's market perception and future operations. The potential for delisting is a critical factor that can significantly deter current and potential investors.

Why Short Term?

The immediate six-month deadline creates urgency; investor reactions are likely to be immediate. Past companies in similar situations experienced substantial price impacts within short timeframes.

Related Companies

DTCEXONEPLUGHPAJNPR
GRAPEVINE, Texas--(BUSINESS WIRE)--Solo Brands, Inc. (NYSE: DTC) (the “Company”) today announced that on February 25, 2025, the Company received notice from the New York Stock Exchange (the “NYSE”) that it was not in compliance with the NYSE's continued listing standards as a result of the average closing price of the Company's Class A common stock being less than $1.00 per share over a consecutive 30 trading-day period. In accordance with the NYSE rules, the Company has a period of six months.

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