Monitor for shareholder vote on reverse stock split and any NYSE compliance updates within the six-month cure period. Failure to regain compliance would force a transfer to OTC markets, severely reducing institutional ownership and liquidity.
Price Chart
Executive Summary
Equus Total Return received a NYSE non-compliance notice on October 6, 2026, because its average closing stock price was below $1.00 over 30 consecutive trading days. The company has a six-month cure period and plans to consider a reverse stock split to regain compliance, but the stock remains listed and trading during this period.
Key Facts
- NYSE notified Equus on October 6, 2026 of non-compliance with Section 802.01C due to average closing price below $1.00 over 30 trading days
- Company has six months from receipt of notice to regain compliance
- Company intends to consider a reverse stock split as a cure
- No immediate delisting; stock continues to trade on NYSE during cure period
- Company must notify NYSE of intent to cure by October 20, 2026
Financial Impact
Delisting risk for a closed-end fund trading below $1.00; no specific dollar amounts provided in the filing
Risk Factors
- Failure to regain compliance within six months could lead to NYSE delisting
- Reverse stock split may not be approved by shareholders or may not sustainably lift the stock price above $1.00
- Continued low stock price signals potential fundamental distress for this BDC/closed-end fund
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001712543-26-000051 |
| Exhibit: ex991_pressrelease100926.htm | 0001712543-26-000051 |
| Document: 0001712543-26-000051-index-headers.html | 0001712543-26-000051 |
| Document: 0001712543-26-000051-index.html | 0001712543-26-000051 |
| Document: 0001712543-26-000051.txt | 0001712543-26-000051 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 12d ago | 8-K | $0.8700 $0.8560 | ▲ +1.61% | ▲ +2.06% | $0.7524 (+13.52%) |
May 21, 2026 22w ago | Press Release | $1.53 $1.51 | ▼ −1.31% | ▼ −2.98% | $0.7524 (−50.82%) |
May 12, 2026 23w ago | 8-K | $1.36 $1.25 | ▲ +8.09% | ▲ +6.93% | $0.7524 (+44.68%) |
May 4, 2026 24w ago | 8-K | $1.14 $1.38 | ▼ −21.05% | ▼ −19.07% | $0.7524 (+34.00%) |
Apr 21, 2026 26w ago | Press Release | $1.35 $1.16 | ▲ +13.93% | ▲ +13.98% | $0.7524 (+44.27%) |
Apr 20, 2026 26w ago | 10-K/A | $1.37 $1.19 | ▲ +13.14% | ▲ +14.22% | $0.7524 (+45.08%) |
US Market Status
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