Studio City falls below NYSE minimum share price requirement
MSC•Studio City received a notice that its American depositary shares averaged below $1 over 30 consecutive trading days. It has until April 27, 2027, to regain compliance; trading will continue during the six-month cure period.
1. NYSE compliance notice
Studio City said the NYSE notified it that its American depositary shares averaged below $1 over 30 consecutive trading days. The six-month deadline to regain compliance ends April 27, 2027, and trading will continue during the cure period, subject to other NYSE listing requirements. The company said the notice does not affect its business operations and that management is considering alternatives to restore compliance.
