04:27 AM EDT, 09/23/2024 (MT Newswires) -- Amprius Technologies ( AMPX ) said late Friday it has been notified by the New York Stock Exchange that it is out of compliance with rules requiring its shares to trade for at least $1 each over a consecutive 30-day trading period.

The company said it has six months from the Sept. 19 receipt of the non-compliance notice to regain compliance by having a closing price of at least $1 per share on the last trading day of any calendar month and an average closing price of at least $1 over the 30 trading-day period ending on the last trading day of that month.

The notice is a notice of deficiency, not delisting, and does not currently affect the listing or trading of the company's common stock on the NYSE.

The company said it plans to remain listed on the stock exchange and is considering all available options to regain compliance.