Bitcoin mining company Cango receives notification letter from the New York Stock Exchange stating that it has failed to meet the stock price criteria for continuous listing According to Foresight News, Bitcoin mining company Cango Inc. (NYSE: CANG) has received a notification letter from the New York Stock Exchange (NYSE) on March 10, 2026, informing it that it has not met the stock price standards for continued listing on the NYSE. As of March 9, 2026, the average closing price of Cango Class A common stock for 30 consecutive trading days was below $1.00 per share, which does not comply with the relevant requirements of Rule 802.01C of the NYSE Listing Rules. \According to regulations, Cango has a 6-month rectification period from the date of receiving notification. If on the last trading day of any calendar month during the rectification period, the closing price and the average closing price of the previous 30 trading days are not less than $1.00, compliance can be restored. If the adjustment period expires and the standards are not met, the NYSE will initiate the suspension of trading and delisting procedures. \Cango stated that the company is aware of NYSE's intention to rectify and will continue to evaluate market conditions and feasible solutions. During the rectification period, Cango's Class A common stock will continue to trade normally on the NYSE. This notice does not affect the company's daily operations, SEC filing obligations, or other contractual obligations.