BRDS - NYSE sends non-compliance notice to Bird Global

NYSE sent a non-compliance notice to Bird Global (NYSE:BRDS) as the average closing price of the electric transportation company's class A common stock was less than $1.00 over a consecutive 30 trading-day period. The company said the notice does not result in immediate delisting of the shares. BRDS plans to notify the stock exchange of its intention to cure the stock price deficiency by Jul. 5. The company may consider available alternatives, including a reverse stock split, subject to shareholder approval no later than at the company's next annual meeting of stockholders. Source: Press Release

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NYSE sends non-compliance notice to Bird Global