05:01 PM EDT, 04/12/2024 (MT Newswires) -- Allego ( ALLG ) late Friday said it has received a non-compliance notice from New York Stock Exchange after the closing share price for the electric vehicle-charging network company fell below the NYSE minimum threshold of $1 per share for more than 30 days in a row.

Under NYSE rules, the company has six months to regain compliance for its stock and avoid a potential delisting. The company Friday said it was considering all available options, including a reverse stock split, subject to shareholder approval.

Allego ( ALLG ) share were down more than 5% in extended trading Friday.

Price: 1.03, Change: -0.06, Percent Change: -5.46