**News Flash: SOS Limited Faces NYSE Noncompliance Notice**
SOS Limited, a blockchain service provider, has received a noncompliance letter from the NYSE. The issue? Its American depositary shares (ADSs) have been trading below $1 for 30 consecutive days.
### Key Points:
- **Compliance Deadline**: SOS has six months to boost its share price above $1.
- **Immediate Impact**: No immediate effect on shareholders; shares will continue trading.
- **Consequences**: Failure to meet the $1 mark could lead to suspension and delisting.
SOS shares recently dropped 4.13% to $0.7 in pre-market trading. The company must act swiftly to avoid delisting, similar to the recent situation faced by Bakkt.