Surf Air Mobility gets NYSE notice after shares average below $1 for 30 days - SRFM News | RalliesSurf Air Mobility gets NYSE notice after shares average below $1 for 30 days
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SRFM• NYSE notice for share price compliance
- Surf Air Mobility received an NYSE notice on July 24, 2026 for failing the $1 minimum average closing price rule over 30 trading days.
- Shares will keep trading on the NYSE under SRFM during a six-month cure period, subject to other continued listing standards.
- The company plans to notify the NYSE within 10 business days of its intent to regain compliance, targeting an organic recovery in the share price.
- A reverse stock split remains an option if needed, following shareholder authorization at the July 24, 2026 annual meeting.
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