PSQ Holdings Receives NYSE Compliance Plan Approval
PSQ Holdings announced that the New York Stock Exchange has accepted the Company's previously submitted plan to regain compliance with the NYSE's continued listing standards. In its notification to the Company, the NYSE granted the Company an 18-month period from the February 10, 2026, notice of noncompliance from the NYSE to regain compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. The NYSE also approved the plan for the Company to regain compliance with Rule 802.01C within the six months following the February 10, 2026, notice. As previously reported, on February 10, 2026, the Company received a notice from the NYSE stating that it is not in compliance with the NYSE continued listing standards in Section 802.01B of the NYSE Listed Company Manual because the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders' equity was less than $50M and Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A Common Stock was less than $1.00 over a consecutive 30 trading-day period. The Company will be subject to quarterly reviews by the NYSE during the Plan Period for compliance with the goals and initiatives in the Plan. If the Company does not regain compliance with the NYSE listing standards by the end of the Plan Period, or if the Company does not make sufficient progress consistent with the Plan, then the NYSE may initiate delisting proceedings. The Company's stock will continue to be listed on the NYSE during the Plan Period. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations, or reporting requirements with the U.S. Securities and Exchange Commission.