Skillsoft (NYSE:SKIL), a leading AI-native skills management platform, today announced that the New York Stock Exchange ("NYSE") has accepted the Company’s business plan to regain compliance with NYSE continued listing standard 802.01B.
As previously disclosed, on March 30, 2026, the Company received a notice from the NYSE on March 26, 2026, that the Company was not in compliance with NYSE listing standard 802.01B because at such time the Company’s average global market capitalization over a consecutive 30 trading-day period was less than $50 million and stockholders’ equity was less than $50 million.
Based upon a review of the compliance plan and information submitted by the Company, the NYSE has accepted the submission. In accordance with NYSE rules, the Company will now have until September 26, 2027, to regain compliance with the continued listing standards. The Company’s common stock will continue to be listed on the NYSE during such time, subject to the Company’s compliance with other continued listing standards. The Company will also be subject to quarterly monitoring by the NYSE for compliance with the plan. If the Company fails to comply with the plan or does not meet the continued listing standards at the end of the cure period, it will be subject to the prompt initiation of NYSE suspension and delisting procedures.
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