Surf Air Mobility says NYSE notice over sub-$1 stock price does not affect listing, trading

Reuters2026/07/24 21:22

By:Reuters

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Surf Air Mobility received an NYSE notice on July 24, 2026 for failing the $1 minimum average closing price standard over 30 consecutive sessions.
Shares will continue trading on the NYSE under SRFM, with no immediate impact on the listing.
Planned notice to the NYSE within 10 business days of intent to regain compliance within a six-month cure period.
Target is a month-end close of at least $1 with a 30-session average of at least $1; reverse split remains an option if needed.
No expected impact on operations or SEC reporting requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Surf Air Mobility Inc. published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Surf Air Mobility says NYSE notice over sub-$1 stock price does not affect listing, trading

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