Terran Orbital Corp Addresses NYSE Non-Compliance Issues
Company Announcements

Terran Orbital Corp Addresses NYSE Non-Compliance Issues

Terran Orbital Corp (LLAP) has issued an announcement.

Terran Orbital Corporation has been notified by the NYSE of non-compliance with the minimum stock price listing standard, with shares falling below $1.00 on average over 30 days. The company remains listed and is exploring options, such as a reverse stock split, to correct the issue within six months. The non-compliance does not affect current trading under the ticker “LLAP” or the company’s SEC reporting obligations, but delisting could have negative consequences on stock liquidity and price.

Find detailed analytics on LLAP stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskLockheed Martin Acquires Terran Orbital for Space Solutions
Joseph E. LeviLevi & Korsinsky LLP Reminds Shareholders of a Lead Plaintiff Deadline of November 26, 2024 in Terran Lawsuit – LLAP
TipRanks Auto-Generated NewsdeskTerran Orbital Sets $9M Bonus Pool Amidst Merger
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App