ChargePoint Gets Notice of Non-Compliance With NYSE Share Price Listing Rule

MT Newswires Live

2025/02/22

ChargePoint (CHPT) said late Friday it has been notified by the New York Stock Exchange that it's not in compliance with a listing rule because the average closing price of its shares was below $1 over a consecutive 30 trading-day period.

The company said it plans to cure the deficiency and return to compliance with the stock exchange's rules.

ChargePoint said it will consider options like a reverse stock split to address the share price non-compliance issue.

The company added the notice has no immediate impact on the listing or trading of its shares.

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