What changed
Optimum Communications received an NYSE notice on August 13, 2026 for noncompliance with Section 802.01C because its Class A common stock average closing price fell below $1.00 over a consecutive 30 trading-day period. The notice has no immediate effect on listing or business operations. The company has six months, until February 13, 2027, to regain compliance by achieving a closing price of at least $1.00 and a 30 trading-day average closing price of at least $1.00. If compliance is not regained, the NYSE will initiate suspension and delisting procedures.
Why it matters
Optimum Communications received an NYSE notice on August 13, 2026 for noncompliance with Section 802.01C because its Class A common stock average closing price fell below $1.00 over a consecutive 30 trading-day period. The notice has no immediate effect on listing or business operations. The company has six months, until February 13, 2027, to regain compliance by achieving a closing price of at least $1.00 and a 30 trading-day average closing price of at least $1.00. If compliance is not regained, the NYSE will initiate suspension and delisting procedures.