Solo Brands to move from NYSE to OTCQB after delisting notice

April 3, 2026

Solo Brands, Inc. (NYSE:SBDS) announced Thursday that the New York Stock Exchange has begun proceedings to delist its Class A common stock due to non-compliance with NYSE Rule 802.01B, which requires listed companies to maintain an average global market capitalization of at least $15 million over a consecutive 30 trading day period. The company’s current market cap stands at just $9.74 million, well below the required threshold. Trading in Solo Brands shares was suspended on the NYSE after the market closed Thursday.

According to a statement in the SEC filing, the company’s Class A common stock is expected to begin trading on the OTCQB Venture Market under the symbol SBDS starting April 6. The company noted there is no guarantee that a broker will continue to make a market in its shares or that trading will continue on the OTCQB or elsewhere.

Solo Brands has the right to appeal the NYSE’s delisting determination to a committee of the exchange’s board of directors and is evaluating that option. If the company does not appeal, or if an appeal is unsuccessful, the NYSE is expected to file a Form 25 with the Securities and Exchange Commission to formally remove Solo Brands’ stock from the exchange and from registration under Section 12(b) of the Securities Exchange Act of 1934. The delisting would become effective 10 days after the filing of Form 25. Investing.com