Cango receives NYSE notice after shares trade below $1 average for 30 days

Reuters04-01

Cango receives NYSE notice after shares trade below $1 average for 30 days

Cango received NYSE notice dated March 10, 2026, citing non-compliance with continued listing rules tied to share-price thresholds.
NYSE flagged average closing price below USD 1 over 30 consecutive trading days as of March 9, 2026.
Six-month cure period applies to regain compliance with minimum price standard.
Failure to meet required closing price and 30-day average by end of cure period would trigger suspension and delisting procedures.
Cango notified NYSE of intent to cure deficiency while evaluating options to address price weakness.

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. Cango Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604010706PR_NEWS_USPR_____CN24678) on April 01, 2026, and is solely responsible for the information contained therein.

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