BlackSky Technology Inc. announced it received a notice from the New York Stock Exchange (NYSE) stating its intent to delist the company's public warrants (BKSY.W). The NYSE has immediately suspended trading of the warrants due to an "abnormally low selling price," which violates its continued listing standards. The company's Class A common stock (BKSY) is unaffected by this action and will continue to trade on the NYSE.
Key Details
- Affected Securities: Public warrants exercisable for Class A common stock at an exercise price of $92.00 per share (Trading Symbol: BKSY.W).
- Reason for Delisting: Failure to comply with Section 802.01D of the NYSE Listed Company Manual due to an "abnormally low selling price."
- Effective Date: The NYSE notified the company on August 7, 2026, and immediately suspended trading of the warrants.