Sonendo discloses NYSE notice of listing non-compliance

Sonendo “announced that on September 28, 2023, it received notice from the New York Stock Exchange that the Company is not in compliance with applicable price criteria in the NYSE’s continued listing standard set forth in the NYSE Listed Company Manual because the average closing price of the Company’s common stock, par value $0.001 per share, was less than $1.00 per share over a consecutive 30 trading-day period. The Notice does not result in the immediate delisting of the Company’s common stock from the NYSE.”