Recent Updates — EQS

The New York Stock Exchange notified Equus Total Return, Inc. on October 6, 2026, that its common stock failed to meet the continued listing standard requiring an average closing price of at least $1.00 over a consecutive 30-trading-day period. The notice does not result in immediate delisting; shares will continue to trade on the NYSE during a six-month cure period. Equus intends to notify the exchange by October 20, 2026, that it plans to regain compliance and is considering alternatives such as a reverse stock split. This regulatory action highlights liquidity risks but does not currently impact business operations or SEC reporting requirements. The company operates as a closed-end business development fund investing in private and public debt and equity securities.