Alight Receives NYSE Notice for Non-Compliance with Stock Price Requirement

Alight (ALIT) received a written notice from the New York Stock Exchange (NYSE) stating that the company is not in compliance with Section 802.01C of the NYSE Listed Company Manual. The reason for noncompliance is due to the average closing price of Alight's Class A Common Stock falling below $1.00 per share. The notice does not result in any immediate action by the NYSE, but Alight must submit a plan of compliance within 90 days to regain compliance with the NYSE's listing standards.