Toppoint Holdings Inc. (TOPP) has been hit with a trading halt by the NYSE American after failing to meet continued listing standards under Section 1003(f)(v). The exchange cited the company's low share price as the primary cause for the suspension, which will remain in effect until a reverse stock split is implemented.
NYSE American informed Toppoint on November 10, 2026 that it fails continued listing standards under Section 1003(f)(v) and has halted trading in its stock until a reverse split is implemented. The Board approved a 1-for-5 reverse split on November 11, targeted by November 23, 2026. A trading halt plus delisting-risk status is a severe negative for the stock.
- ▼ Trading halt by NYSE American effective November 10, 2026
- ▼ Board approved 1-for-5 reverse stock split on November 11, 2026, to be effected by November 23, 2026
- ▲ Successful implementation of the reverse split by November 23, 2026 could lift the trading halt
- ▲ Stockholders already approved a reverse split (1-for-2 to 1-for-900) at the September 8, 2026 annual meeting