Genie Energy Ltd. received an NYSE noncompliance notice on April 1, 2026, for delayed Form 10-K filing due to restatements of 2023 and 2024 financials, with no immediate impact on stock listing.
Key takeaways
Received NYSE Notice on April 1, 2026, for noncompliance with Section 802.01E due to delayed 10-K filing.
Delay caused by need to restate audited financials for years ended Dec 31, 2024 and 2023.
Anticipates filing comprehensive 10-K within six-month cure period to regain compliance.
NYSE Notice has no immediate effect on listing of Class B common stock.
NYSE may grant additional six-month extension or commence delisting if cure period missed.