New York Stock Exchange Issues Low Stock Price Warning to Listed Blockchain Service Provider SOS

Foresight News reported that the New York Stock Exchange (NYSE) issued a warning to SOS Limited, a blockchain-based service solutions provider, stating that SOS Limited has violated listing regulations by having its stock price below $1 for an extended period. The NYSE has requested SOS Limited to increase its stock price within six months; otherwise, it may face suspension and delisting. The company's stock price dropped by 4.13% to $0.7 in pre-market trading on the NASDAQ. SOS's stock price touched $1 on May 22nd and has since remained below the $1 mark.