Hyperscale Data (GPUS) said late Monday it is not in compliance with the NYSE American's requirement of having at least $6 million in stockholders' equity.
The company has until Jan. 17 to submit a plan that shows how it intends to regain compliance by June 18, 2026.
Hyperscale Data said the NYSE American will begin delisting procedures if it doesn't accept the company's plan, or if it doesn't make adequate progress.
The company said it is confident in submitting an acceptable plan to the NYSE American within the required timeframe.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.