Solo Brands Inc Class A ( (DTC) ) has issued an update.
On February 25, 2025, Solo Brands, Inc. received a notice from the New York Stock Exchange (NYSE) indicating non-compliance with the minimum average closing price requirement of $1.00 per share for its Class A common stock over a consecutive 30 trading-day period. The company has six months to regain compliance, which may involve a reverse stock split, but the notice does not immediately impact the stock’s listing or trading. The company’s operations and reporting obligations remain unaffected, and the stock will continue trading under the symbol ‘DTC’ with a ‘.BC’ designation to indicate non-compliance.
More about Solo Brands Inc Class A
Solo Brands, headquartered in Grapevine, TX, is a leading portfolio of lifestyle brands that are redefining the outdoor and apparel industries. Leveraging e-commerce, strategic retail relationships, and physical retail stores, Solo Brands offers innovative products to consumers through its lifestyle brands – Solo Stove, Chubbies, ISLE, and Oru.
YTD Price Performance: -31.38%
Average Trading Volume: 265,182
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $72.97M
For detailed information about DTC stock, go to TipRanks’ Stock Analysis page.