05:00 PM EDT, 03/22/2024 (MT Newswires) -- Rubicon Technologies (RBT) said late Friday it received a noncompliance notice from the New York Stock Exchange after its average market capitalization fell below $50 million for 30 consecutive days.

The bourse also said the company's stockholders' equity is less than $50 million.

Rubicon said it will file remediation plans by April 1 detailing how it will resolve the deficiencies with the guidelines.

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