On March 26, 2026, Skillsoft Corp. (NYSE: SKIL) received a notice from the New York Stock Exchange (NYSE) indicating that the company is currently not in compliance with Section 802.01B of the NYSE Listed Company Manual. This noncompliance arises because Skillsoft's 30 trading-day average market capitalization was reported to be less than $50 million, and its last reported stockholder's equity as of October 31, 2025, was also below the $50 million threshold. The NYSE has granted Skillsoft a period of 18 months to rectify these deficiencies, contingent upon the approval of a business plan that demonstrates the company's ability to regain compliance within the specified timeframe.

In response to the notice, Skillsoft intends to notify the NYSE within 45 calendar days of its receipt of the notice, outlining its plan to address the market capitalization and stockholder's equity issues. The company is exploring all available alternatives to cure the listing compliance deficiencies identified by the NYSE. Despite the current noncompliance, Skillsoft's common stock will continue to be listed and traded on the NYSE during the cure period, subject to quarterly reviews by the NYSE and adherence to other continued listing requirements.

The company reassured stakeholders that this situation does not impact its ongoing business operations or its reporting obligations with the Securities and Exchange Commission (SEC). Skillsoft remains committed to addressing the concerns raised by the NYSE and is optimistic about its ability to meet the necessary requirements to maintain its listing on the exchange.

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