The NYSE informed Bitcoin mining company Cango that it failed to meet the continued listing price standards.

金色财经_ · 2026-04-01T17:14:05+00:00

Golden Finance reports that on April 1st, Bitcoin mining company Cango Inc. (NYSE: CANG) received a notification letter from the New York Stock Exchange (NYSE), informing them that they failed to meet the NYSE's continued listing price standard. As of March 9, 2026, Cango's Class A common stock has had an average closing price below $1.00 for 30 consecutive trading days, which does not meet the requirements of NYSE Listing Rule 802.01C. According to regulations, Cango has a 6-month remediation period from the date of receipt of the notice. If, during any natural month within the remediation period, the closing price and the 30-trading-day average closing price prior to the last trading day of that month are both at least $1.00, the company can regain compliance.

金色财经_

2026-04-01 17:14:05

Golden Finance reports that on April 1, Bitcoin miner Cango Inc. (NYSE: CANG) received a notice letter from the New York Stock Exchange (NYSE), informing it that it failed to meet the NYSE’s continued listing share price requirements. As of March 9, 2026, the average closing price of Cango’s Class A common stock for 30 consecutive trading days was below $1.00 per share, which does not meet the relevant requirements of Rule 802.01C of the NYSE listing rules. Under the rules, Cango has a cure period of 6 months from the date it receives the notice. If, on the last trading day of any calendar month during the cure period, its closing price and the average closing price for the prior 30 trading days are both not less than $1.00, compliance can be restored.

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