Optimum Communications, Inc. filed a Form 8-K on August 14, 2026, disclosing that it received a notice from the New York Stock Exchange on August 13, 2026, indicating the company is not in compliance with the NYSE's minimum share price continued listing requirement.

Key Highlights

  • Non-compliance notice received: The NYSE notified Optimum Communications that its Class A common stock fell below the $1.00 average closing price threshold over a consecutive 30 trading-day period.
  • No immediate listing impact: According to the filing, the notice has no immediate effect on the listing of the Class A common stock, subject to compliance with other continued listing requirements.
  • Six-month cure period: The company has six months from receipt of the notice, until February 13, 2027, to regain compliance with the minimum share price requirement.
  • Cure conditions: Compliance can be regained if, on the last trading day of any calendar month during the cure period, the stock has a closing price of at least $1.00 and an average closing price of at least $1.00 over the prior 30 trading days.
  • Board review planned: The company disclosed that its board of directors will consider other available options if the stock price does not trade at a level likely to regain compliance.
  • Stockholder approval path available: If the company intends to cure the price condition through an action requiring stockholder approval, it must inform the NYSE and obtain that approval no later than its next annual meeting.

Optimum Communications Discloses NYSE Price Deficiency and Six-Month Compliance Path

According to the filing, Optimum Communications, Inc. (NYSE:OPTU) received the NYSE notice on August 13, 2026, under Section 802.01C of the NYSE Listed Company Manual. The notice was triggered because the average closing price of the company's Class A Common Stock, par value $0.01 per share, was less than $1.00 over a consecutive 30 trading-day period. The filing states the notice "does not affect the Company's business operations or its reporting obligations with the Securities and Exchange Commission."

The filing outlines the compliance timeline established by NYSE rules. The company has until February 13, 2027 to meet the price criteria. Under Section 802.01C, as described in the filing, the company may regain compliance at any time during the six-month cure period if on the last trading day of any calendar month the stock closes at or above $1.00 and its 30 trading-day average closing price also reaches at least $1.00. If those conditions are not met within the period, the filing states the NYSE "will initiate procedures to suspend and delist the Class A common stock."

The company disclosed that it "intends to monitor the price of its Class A common stock between now and February 13, 2027," and that its board of directors will consider other available options if the stock does not trade at a level likely to regain compliance. The filing also noted that a press release regarding the notice was issued on August 14, 2026, and attached as Exhibit 99.1. The 8-K was signed by Michael E. Olsen, General Counsel and Chief Corporate Responsibility Officer.

What Was Disclosed

Optimum Communications reported receiving an NYSE non-compliance notice under Section 802.01C due to its Class A common stock averaging below $1.00 over 30 consecutive trading days. The company has a six-month cure period ending February 13, 2027, before any delisting procedures would begin.