What are the criteria for delisting? Which stocks are about to be delisted?

The criteria for delisting, as outlined by major exchanges such as Nasdaq and the New York Stock Exchange (NYSE), typically include:

1. Price Requirements: Maintaining a minimum closing bid price of at least $1.00 for a specified period, usually 30 consecutive trading days.
2. Market Capitalization: Ensuring that the market capitalization does not fall below certain thresholds as defined by the exchange.
3. Revenue Standards: Meeting minimum revenue requirements set by the exchange.
4. Shareholders and Market Makers: Maintaining a sufficient number of shareholders, market makers, or publicly traded shares outstanding.
5. Regulatory Compliance: Timely filing of required SEC reports and payment of annual listing fees.
6. Other Exchange Rules: Adherence to all other regulations and rules set by the specific exchange.

Based on these criteria, 44 stocks appear to be at risk of delisting. Companies like LYT, SILO, SOBR, ALCE, and others have either closed below the minimum price threshold, shown declining revenue, or shrinking market capitalization.

closing price < $1; market capitalization < $15 million; revenue < $500,000(44)

Closing Price($)2024.12.24	Market Cap($)2024.12.24	Total Revenue (MRQ)($)	Latest Report Period	Latest Report End Date
0.99	2.29M	-12.65M	2024Q4	2024-03-31
0.96	4.26M	18.03K	2024Q3	2024-09-30
0.95	3.84M	46.13K	2024Q3	2024-09-30
0.85	5.02M	93.00K	2024Q3	2024-09-30
0.85	2.95M	63.36K	2023Q2	2023-06-30
0.84	11.50M	43.00K	2024Q3	2024-09-30
0.75	5.27M	345.69K	2024Q3	2024-09-30
0.73	4.17M	101.97K	2025Q1	2024-09-30
0.73	2.76M	47.81K	2024Q3	2024-09-30
0.71	5.40M	5K	2024Q3	2024-09-30

code
LYT
SILO
SOBR
ALCE
FRES
APCX
POAI
DMN
AQB
AYRO

View 44 results

These stocks may face delisting if they do not regain compliance with the set standards. The process of delisting can lead to significant consequences, including reduced liquidity, transparency, and access to capital markets, as these companies may be relegated to over-the-counter (OTC) markets.