Upgrade to SI Premium - Free Trial

Skillsoft gets NYSE delisting warning over market cap, equity levels

March 30, 2026 5:00 PM

Skillsoft Corp. (NYSE: SKIL) received a notice from the New York Stock Exchange indicating the company does not comply with continued listing standards due to low market capitalization and stockholder equity levels.



The NYSE notified Skillsoft on March 26, 2026 that its 30 trading-day average market capitalization fell below $50 million and its stockholder equity as of October 31, 2025 was less than $50 million, violating Section 802.01B of the NYSE Listed Company Manual.



The learning technology company has 18 months to address the deficiencies, subject to NYSE approval of a business plan demonstrating its ability to regain compliance within that timeframe. Skillsoft plans to submit its business plan within 45 days of receiving the notice.



Skillsoft's common stock will continue trading on the NYSE during the cure period, with quarterly reviews by the exchange and continued compliance with other listing criteria required. The company stated the noncompliance does not affect its business operations or Securities and Exchange Commission reporting requirements.



The company said it will consider all available alternatives to cure the listing deficiencies identified by the NYSE.

Categories

Corporate News