AI brief of an SEC Form 8-K · Optimum Communications, Inc. (OPTU)

Optimum receives NYSE notice over sub-$1.00 share price, with six months to regain compliance

Negative Impact 4 of 5 legal/regulatory Written later

Optimum Communications received a New York Stock Exchange notice on August 13, 2026, because the average closing price of its Class A common stock fell below $1.00 over 30 consecutive trading days. The notice has no immediate effect on the stock's listing, but if the company does not regain compliance within six months, the NYSE will begin procedures to suspend and delist the shares.

Key points

  • NYSE notice received August 13, 2026, under Section 802.01C of the NYSE Listed Company Manual
  • Company has six months from receipt to regain compliance by meeting the $1.00 minimum closing and 30-day average price test
  • Company intends to monitor the share price through February 13, 2027; board will consider other options if compliance appears unlikely
  • Curing the price condition through an action requiring stockholder approval would need approval no later than the next annual meeting

The filing

CompanyOptimum Communications, Inc. (OPTU)
Form8-K, current report
Filed with the SECAug 14, 2026, 4:30 PM ET
Accession number0001702780-26-000052

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, 8:53 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 14, 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.