Alight, Inc. received a notice from the NYSE on March 24, 2026, for non-compliance with the minimum share price listing standard, as its Class A common stock averaged below $1.00 over 30 trading days ending March 20, 2026. The company has a six-month cure period to regain compliance and is considering options including a reverse stock split, subject to stockholder approval.
Key takeaways
Alight received a NYSE non-compliance notice on March 24, 2026, for failing to meet the minimum share price requirement under Section 802.01C.
The average closing price of Alight's Class A common stock was below $1.00 per share over the consecutive 30 trading-day period ending March 20, 2026.
The company has a six-month cure period following receipt of the notice to regain compliance with the minimum share price requirement.
Alight is considering all options to regain compliance, including a reverse stock split, subject to stockholder approval no later than its next annual meeting.
The notice does not immediately affect the listing of Alight's common stock on the NYSE, which continues to trade under symbol 'ALIT' during the cure period.
The notice is not anticipated to impact the company's ongoing business operations or its SEC reporting requirements.