Alight Receives NYSE Notice for Non-Compliance with Listing Standards, Plans to Regain Compliance

Alight, a benefits administration provider, received a notice from the NYSE for non-compliance with Section 802.01C due to its average closing stock price being less than $1.00 over 30 trading days. The company has committed to regaining compliance and remains listed on the NYSE during a six-month cure period. It is considering options to regain compliance, including a reverse stock split, subject to shareholder approval.