Alight commits to remain on NYSE; considers reverse stock split after notice on 30-day average closing price below $1.00

Reuters03-27

Alight commits to remain on NYSE; considers reverse stock split after notice on 30-day average closing price below $1.00

Alight received a notice from the NYSE that its Class A common stock was not meeting the exchange’s continued listing standard tied to a sustained average closing price below USD 1.00 per share.
The shares will continue trading on the NYSE under the symbol ALIT during a six-month cure period.
Alight said it is considering options to regain compliance, including a potential reverse stock split subject to stockholder approval at its next annual meeting.
To regain compliance, the stock must close at or above USD 1.00 on the last trading day of a calendar month and maintain an average closing price at or above USD 1.00 over the prior 30 trading days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alight Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603270730BIZWIRE_USPR_____20260327_BW465346) on March 27, 2026, and is solely responsible for the information contained therein.

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