- Tuya ( NYSE: TUYA ) has received a letter from the New York Stock Exchange related to its non-compliance with the exchange's continued listing standards due to the trading price of its ADSs.
- Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above US$1.00 by six months following receipt of the notification.
For further details see:
Tuya receives NYSE non-compliance letter