Black Rifle Coffee regains NYSE share price compliance without a reverse stock split
Black Rifle Coffee said the NYSE confirmed it regained compliance with the $1.00 minimum share price standard, as of May 29, 2026, based on that day's closing price and a 30 trading-day average. The company said this happened without the reverse stock split that stockholders approved at the May 28, 2026 annual meeting, and its Class A stock will continue to trade on the NYSE.
- NYSE notified the company on June 1, 2026 that it regained compliance as of May 29, 2026.
- The company had received a non-compliance notice on February 11, 2026, after its 30 trading-day average closing price fell below $1.00.
- Stockholders approved a reverse split authority of 1-for-10 to 1-for-50 with 78,970,591 For and 7,235,842 Against votes from Class A holders.
- At the May 28, 2026 annual meeting, 145,942,807 of 249,125,057 eligible shares were represented, and Ernst & Young LLP was ratified for fiscal 2026 with 144,256,280 For votes.