Alight receives NYSE notice for stock price below $1 threshold
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Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.3%
Revenue Growth %: -5.9%
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Alight Inc. (NYSE: ALIT) received a notice from the New York Stock Exchange on March 24, 2026, stating the company is not in compliance with continued listing standards due to its stock price falling below $1.00 per share.
The benefits administration provider's Class A common stock averaged below $1.00 over a consecutive 30 trading-day period ended March 20, 2026, violating Section 802.01C of the NYSE Listed Company Manual.
Alight has six months to regain compliance with the minimum price requirement. The company can cure the deficiency if its stock maintains a closing price of at least $1.00 and achieves an average closing price of at least $1.00 over any 30 trading-day period ending on the last trading day of a calendar month during the cure period.
The company stated it is considering options to regain compliance, including a potential reverse stock split subject to stockholder approval at its next annual meeting.
Alight's stock continues to trade on the NYSE under the symbol "ALIT" during the cure period. The notice does not immediately impact the stock's listing or affect the company's business operations or SEC reporting requirements.
The Chicago-based company provides health, wealth, leave and benefits solutions to organizations serving over 30 million people through its Alight Worklife platform.
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