According to Foresight News, the New York Stock Exchange (NYSE) has issued a warning to blockchain-based service solutions provider SOS Limited. The warning highlights that SOS Limited has violated listing regulations due to its stock price remaining below $1 for an extended period. The NYSE has given the company a six-month period to improve its stock price, failing which it may face suspension and delisting.
In pre-market trading on Nasdaq, SOS Limited's stock price fell by 4.13% to $0.70. The company's stock price last reached $1 on May 22 and has since remained below the $1 threshold.