Equus Receives Notice of Non-Compliance with New York Stock Exchange Share Price Rule
Key Highlights
- ➤Equus (EQS) notified of NYSE deficiency after 30-day average closing price fell below $1.00
- ➤Equus must regain compliance within six months of October 6, 2026 notice
- ➤Equus plans to consider alternatives including a reverse stock split
- ➤NYSE listing and trading continue, with no immediate business or SEC reporting impact
Company Intends to Regain Compliance with NYSE Rule Notice Has No Immediate Impact on the Listing or Trading of Equus Common Stock
HOUSTON, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) announced today that it was notified by the New York Stock Exchange (the “NYSE”) on October 6, 2026, 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 (“Common Stock”) was less than $1.00 over a consecutive 30 trading-day period, which is the minimum average closing price required to maintain continued listing on the NYSE. The notice is a notice of deficiency, not delisting, and does not currently affect the listing or trading of the Company’s Common Stock on the NYSE.
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