PSQ Holdings Announces NYSE Acceptance of Plan to Regain Listing Compliance
PSQ Holdings, Inc. (NYSE:PSQH) ("PSQ Holdings" or the "Company") announced today that the New York Stock Exchange ("NYSE") has accepted the Company's previously submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards. In its notification to the Company, the NYSE granted the Company an 18-month period from the February 10, 2026, notice of noncompliance from the NYSE (the "Plan Period") to regain compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. The NYSE also approved the plan for the Company to regain compliance with Rule 802.01C within the six months following the February 10, 2026, notice.
As previously reported, on February 10, 2026, the Company received a notice from the NYSE stating that it is not in compliance with the NYSE continued listing standards in (a) Section 802.01B of the NYSE Listed Company Manual because the Company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders' equity was less than $50 million and (b) Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A Common Stock was less than $1.00 over a consecutive 30 trading-day period.
The Company will be subject to quarterly reviews by the NYSE during the Plan Period for compliance with the goals and initiatives in the Plan. If the Company does not regain compliance with the NYSE listing standards by the end of the Plan Period, or if the Company does not make sufficient progress consistent with the Plan, then the NYSE may initiate delisting proceedings.
The Company's stock will continue to be listed on the NYSE during the Plan Period. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations, or reporting requirements with the U.S. Securities and Exchange Commission.
About PSQ Holdings, Inc.
PSQ Holdings (NYSE:PSQH) is a payments and financial infrastructure company. We build and operate financial infrastructure in highly regulated environments for industries underserved by traditional financial institutions, including businesses, campaigns, and nonprofits that depend on reliable, compliant payment solutions.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. In some cases, you can identify these forward-looking statements by the use of terms such as "expect," "will," "continue," "believe," "estimate," "project," "intend," "should," "is to be," or similar expressions, and variations or negatives of these words, but the absence of these words does not mean that a statement is not forward-looking. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including, but not limited to, statements regarding the Company's plans to regain compliance with the NYSE's continued listing standards. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from results expressed or implied in this press release. PSQ Holdings cautions that the foregoing list of factors is not exclusive and cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date hereof. PSQ Holdings does not undertake or accept any obligation or undertaking to update or revise any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.
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