NEW YORK–(BUSINESS WIRE)–The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the Class A common stock — ticker symbol DTC —of Solo Brands, Inc. (the “Company”) from the NYSE. Trading in the Company’s Class A common stock will be suspended immediately.
NYSE Regulation has determined that the Company’s Class A common stock is no longer suitable for listing based on “abnormally low selling price” levels, pursuant to Section 802.01D of the Listed Company Manual.
The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Class A common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.
Contacts
Company Contacts:
Mark Anderson
Senior Director of Treasury & Investor Relations
[email protected]
NYSE Contact:
NYSE Communications
[email protected]
