loanDepot says it will cure NYSE $1 minimum share price deficiency notice
LDI•Response and possible cure
loanDepot said a response is due within 10 business days.
Options include a reverse stock split, which would require stockholder approval by early June 2027.
NYSE minimum share price notice
loanDepot says it received an NYSE deficiency notice on Aug. 21, 2026 for failing the exchange's $1 minimum share-price standard.
- The company's 30-day average closing price fell below $1 as of Aug. 20, 2026.
- Trading continues on the NYSE during a six-month cure period.
- The company said there is no immediate impact on operations or SEC reporting.
