NYSE accepts Skillsoft's plan to regain listing compliance
Skillsoft (NYSE: SKIL) announced that the New York Stock Exchange has accepted the company's business plan to regain compliance with NYSE continued listing standard 802.01B, giving the company until September 26, 2027, to meet the requirements.
The company had received a notice from the NYSE on March 26, 2026, that it was not in compliance because its average global market capitalization over a consecutive 30 trading-day period was below $50 million and its stockholders' equity was also below $50 million.
Skillsoft's common stock will remain listed on the NYSE during the compliance period, subject to adherence to other continued listing standards. The company will be subject to quarterly monitoring by the NYSE. If Skillsoft fails to comply with the plan or does not meet the continued listing standards by the end of the cure period, it will face prompt initiation of NYSE suspension and delisting procedures.
"We are pleased that the NYSE has accepted our plan to regain compliance with its continued listing standards," said Ron Hovsepian, Chief Executive Officer. "With continued support and oversight of our board of directors, we remain focused on executing our strategy, strengthening operating performance, and positioning Skillsoft to deliver long-term value for our stockholders."
