loanDepot says it will cure NYSE $1 minimum share price deficiency notice

Reuters2026/08/21 20:30

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loanDepot received an NYSE deficiency notice on Aug. 21, 2026 for failing the $1 minimum share-price standard.
The 30-day average closing price fell below $1 as of Aug. 20, 2026.
Trading continues on the NYSE during a six-month cure period; no immediate impact flagged for operations or SEC reporting.
A response is due within 10 business days; options include a reverse stock split requiring stockholder approval by early June 2027.

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. loanDepot Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608211630BIZWIRE_USPR_____20260821_BW667683) on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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loanDepot says it will cure NYSE $1 minimum share price deficiency notice

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