NYSE issues low share price warning for listed blockchain service provider SOS Limited

Odaily News SOS Limited, a blockchain service solution provider, received a violation notice from the New York Stock Exchange (NYSE) due to poor stock price performance. SOS's American Depositary Receipts (ADSs) have been trading below $1 for 30 consecutive trading days. According to NYSE regulations, all listed securities must maintain an average closing price of $1 or more. SOS now has 6 months to increase its stock price and average stock price to more than $1, otherwise it may face the risk of suspension and delisting. (Cointelegraph)