Knightscope designs and builds security robots. Its autonomous machines enhance public safety and security.
I seem to be finding a lot of these new US share just listed are down huge amounts.
This one is down 96% since listing in 2022?
Presently trading at 24 cents.
I believe the New York stock exchange delists a company if it shares price falls below $1.
Is this share going be delisted? Or is it only on NASDAQ and that rule (less than $1) doesn’t apply there? @Patryk
Hi @Beenthere
Thanks for diving into our latest additions!
Regarding your question, both the NYSE and NASDAQ typically have minimum price requirements, usually around $1. If a stock stays below this price for a while, the exchange might consider delisting it.
Delisting is usually a complex process with several checks, and companies often have chances to make adjustments. As we’re an execution-only broker, we cannot provide specific advice, but we keep our customers informed. If we receive any official reports of a company being delisted, we’ll make sure to notify everyone involved as soon as possible.
If you have any more questions, feel free to reach out!
Cheers,
Patryk
Hello all, does anyone have the news of why the stocks where reduced in number and what is the predictions of knightscope?