PSQ Holdings Receives NYSE Notice of Non-Compliance

Payment company faces delisting risk over market cap and stock price issues

Published on Feb. 19, 2026

PSQ Holdings, Inc., a payments and financial infrastructure company, has received a notice from the New York Stock Exchange (NYSE) stating that the company is not in compliance with certain continued listing standards related to minimum total market capitalization and average stock price. The company has 18 months to submit a plan to regain compliance or face potential delisting from the NYSE.

Why it matters

PSQ Holdings' non-compliance with NYSE listing standards raises concerns about the company's financial health and long-term viability. Delisting from the NYSE could further damage investor confidence and make it more difficult for the company to raise capital, which could impact its ability to continue operations and serve its customers.

The details

According to the notice, PSQ Holdings is not in compliance with NYSE rules related to minimum total market capitalization and average stock price. The company has 10 business days to notify the NYSE of its intent to submit a plan to address the market capitalization issue, and 45 days to submit an actual plan. The company also has a six-month cure period to regain compliance with the minimum stock price requirement.

  • On February 10, 2026, PSQ Holdings received the written notice from the NYSE.
  • The company has 10 business days to notify the NYSE of its intent to submit a plan to address the market capitalization issue.
  • The company has 45 days to submit an actual plan to the NYSE to regain compliance with the market capitalization rule.
  • The company has a six-month cure period to regain compliance with the minimum stock price requirement.

The players

PSQ Holdings, Inc.

A payments and financial infrastructure company that builds and operates financial infrastructure for businesses, campaigns, and nonprofits.

New York Stock Exchange (NYSE)

The largest stock exchange in the world by market capitalization of its listed companies.

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What’s next

If the NYSE accepts PSQ Holdings' business plan, the company will be subject to quarterly monitoring for compliance. If the company fails to comply with the plan or the NYSE does not accept it, the NYSE may commence suspension and delisting procedures.

The takeaway

PSQ Holdings' non-compliance with NYSE listing standards highlights the financial challenges facing the company and the potential risk of delisting, which could further undermine investor confidence and the company's ability to operate effectively.