Rithm Acquisition Corp. receives NYSE notice over 300 public stockholder minimum
Rithm Acquisition Corp. received a notice on January 26, 2026 from the New York Stock Exchange saying it is not in compliance with the minimum of 300 public stockholders required by Section 802.01B of the NYSE Listed Company Manual. The company must submit a business plan showing how it will regain compliance within 18 months, and the company's securities remain listed and traded while the NYSE reviews that plan, but the NYSE may start suspension and delisting procedures if the plan is not met or accepted.
- NYSE notice received January 26, 2026 under Section 802.01B, which requires at least 300 public stockholders on a continuous basis
- Business plan due within 45 days of receipt; the company's press release says it must bring itself into compliance by no later than March 12, 2026
- Listing continues during an 18-month cure period if the NYSE approves the plan; the NYSE may begin suspension and delisting procedures if the plan fails