Dividends & Buybacks ·
loanDepot, Inc. received a notice from the New York Stock Exchange on August 21, 2026, stating its Class A Common…
LDIloanDepot, Inc.
loanDepot, Inc. received a notice from the New York Stock Exchange on August 21, 2026, stating its Class A Common Stock failed to meet the minimum $1.00 per share average closing price requirement over a consecutive 30-trading-day period. The company has six months to regain compliance by maintaining an average closing price of at least $1.00 for 30 consecutive trading days ending on the last trading day of any calendar month within that cure period. Failure to comply may result in delisting procedures, though the notice has no immediate impact on listing status or business operations. The company intends to notify the NYSE of its intent to cure the deficiency and may consider a reverse stock split subject to shareholder approval by June 2027. loanDepot operates in the mortgage lending industry, providing residential mortgage loans and real estate services.