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AI brief of an SEC Form 8-K · loanDepot, Inc. (LDI)

loanDepot receives NYSE notice over share price below $1.00; six months to cure

Negative Impact 4 of 5 legal/regulatory Written later

loanDepot, Inc. (NYSE: LDI) received a written notice from the New York Stock Exchange on August 21, 2026, saying its Class A common stock failed the $1.00 minimum price standard because its average closing price was below $1.00 over 30 consecutive trading days. The company has six months to regain compliance, and if it cannot, the NYSE will begin procedures to suspend and delist the stock, which matters to shareholders because it sets a firm deadline for a share price recovery or a possible reverse stock split.

Key points

  • The NYSE notice was received August 21, 2026, and the company said the average closing price was below $1.00 as of August 20, 2026.
  • The company has a six-month cure period to bring its share price and average share price back to at least $1.00.
  • The company must notify the NYSE of its intent to cure within 10 business days of receiving the notice.
  • A reverse stock split is among the options the company will consider; it would need stockholder approval no later than the next annual meeting, anticipated for early June 2027.

The filing

CompanyloanDepot, Inc. (LDI)
Form8-K, current report
Filed with the SECAug 21, 2026, 4:30 PM ET
Accession number0001831631-26-000101

Items reported: 3.01 Delisting / Listing Rule Notice7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.