Surf Air Mobility says NYSE notice over sub-$1 stock price does not affect listing, trading
SRFM•NYSE notice and compliance plan
Surf Air Mobility said it received an NYSE notice on July 24, 2026 for failing the $1 minimum average closing price standard over 30 consecutive sessions.
Shares will continue trading on the NYSE under SRFM, with no immediate impact on the listing.
The company said it plans to notify the NYSE within 10 business days of its intent to regain compliance within a six-month cure period.
Its target is a month-end close of at least $1 with a 30-session average of at least $1; a reverse split remains an option if needed.
The company said it expects no impact on operations or SEC reporting requirements.
