Company Working to Restore Compliance With NYSE Listing Requirements
Vertical Aerospace, a global aerospace and technology company developing electric vertical take-off and landing (eVTOL) aircraft, has received a notice from the New York Stock Exchange (NYSE) concerning its continued listing requirements.The company, whose ordinary shares trade on the NYSE under the ticker symbol “EVTL,” said it received the notice on September 9, 2026. According to the notification, Vertical Aerospace is currently not in compliance with an NYSE continued listing standard that requires a company’s ordinary shares to maintain a minimum average closing price of $1.00 over a period of 30 consecutive trading days.
Vertical Aerospace said it has informed the NYSE that it intends to take steps to regain compliance with the exchange’s continued listing standards. The company is also reviewing the options available to it as it considers measures that it believes are in the interests of the company and its shareholders.The notice does not immediately affect the listing or trading of Vertical Aerospace shares on the NYSE. The company said its ordinary shares will continue to be listed and traded on the exchange while it works toward satisfying the applicable listing requirement.
NYSE Notice Relates to Share Price Requirement
The NYSE maintains a number of requirements that publicly traded companies must meet in order to remain listed on the exchange. One of those requirements concerns the market price of a company’s listed securities.In Vertical Aerospace’s case, the notice relates specifically to the requirement that its ordinary shares maintain a minimum average closing price of $1.00 over the preceding 30 consecutive trading days.
Receiving such a notice means that the company has been informed that its share price has fallen below the applicable NYSE threshold for the required period. It does not, by itself, mean that the company’s shares have been removed from the exchange.Instead, NYSE rules provide companies with an opportunity to address the deficiency within an applicable cure period. Vertical Aerospace said it has notified the exchange of its intention to regain compliance and will consider the options available to achieve that objective.
Six-Month Cure Period Available
Under the NYSE’s continued listing rules, Vertical Aerospace has a six-month cure period in which it can regain compliance with the minimum share-price requirement.The company can restore compliance at any point during this period if, on the last trading day of any calendar month within the cure period, its ordinary shares have a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 trading-day period ending on the final trading day of that month.
This mechanism gives Vertical Aerospace a defined period in which to address the listing deficiency. The company does not need to satisfy the requirement immediately on the date it receives the notice. Instead, the NYSE rules provide a framework under which the company can demonstrate that its share price has recovered sufficiently to meet the applicable standard.The company said it is considering all available options as it works toward regaining compliance with the NYSE requirements.
No Immediate Impact on NYSE Listing
Vertical Aerospace emphasized that the NYSE notice has no immediate effect on the continued listing of its ordinary shares.The company’s shares remain listed on the NYSE and continue to trade under the ticker “EVTL.” The notice also is not expected to have an impact on Vertical Aerospace’s ongoing business operations.
The company will continue its activities while working through the NYSE compliance process. The notification is therefore primarily related to the company’s status under the exchange’s listing standards rather than a change to its day-to-day operating activities.Vertical Aerospace also noted that its shares will remain listed and tradable on the NYSE during the cure period, subject to the company continuing to meet the exchange’s other applicable requirements.
Vertical Aerospace Focuses on eVTOL Aircraft
Vertical Aerospace operates in the aerospace and advanced air mobility sector, with its business focused on electric vertical take-off and landing aircraft.eVTOL aircraft are being developed as a new form of electric aviation designed to take off and land vertically while providing point-to-point transportation. The technology is intended to support future applications in urban and regional mobility and other aviation markets.
As an aerospace and technology company, Vertical Aerospace combines aircraft development with electric propulsion, aviation technology and related systems. Its work is part of a broader industry effort to develop new forms of lower-emission air transportation.The company’s continued development activities remain separate from the NYSE listing matter outlined in its September 9 notice. The listing notification specifically concerns compliance with an exchange requirement related to the market price of its ordinary shares.
Company Reviewing Available Options
Following receipt of the NYSE notice, Vertical Aerospace said it has begun considering the options available to regain compliance.The company has communicated its intention to the NYSE and will have the opportunity to use the six-month cure period provided under the exchange’s rules. During that period, the company will need to meet the specified share-price conditions to demonstrate compliance.
The process allows the company to monitor its ordinary share price over the relevant trading periods and determine whether the required threshold has been achieved.Vertical Aerospace has not indicated that its ongoing business operations are being suspended or materially changed as a result of the notice. Instead, the company said it continues to evaluate available alternatives while working to satisfy the applicable listing standards.
What the Notice Means for Investors
For shareholders and market participants, the NYSE notice is primarily an exchange-compliance matter.The notification indicates that Vertical Aerospace’s ordinary shares have not met the NYSE’s minimum average closing-price requirement over the specified 30-trading-day period. However, the company remains listed on the exchange and continues to trade while it works toward compliance.
The six-month cure period gives Vertical Aerospace time to meet the applicable requirements. Compliance can be achieved if the company’s shares satisfy both the required closing price and 30-day average closing price conditions on the final trading day of a calendar month during the cure period.The notice therefore does not represent an immediate delisting of Vertical Aerospace’s ordinary shares. Any future developments regarding the company’s compliance status would depend on its share-price performance and its ability to satisfy the applicable NYSE requirements during the designated period.
Continued Trading on the NYSE
Vertical Aerospace said its ordinary shares will continue to trade on the NYSE while the company addresses the listing deficiency.The company’s shares will remain subject to the NYSE’s broader continued listing standards during this period. This means that, in addition to addressing the minimum share-price requirement identified in the notice, Vertical Aerospace must continue to comply with other applicable NYSE requirements.
The company’s statement makes clear that the September 9 notice does not automatically result in the suspension or removal of its shares from the exchange.The NYSE process is instead designed to provide companies that fall below certain continued listing standards with a defined opportunity to restore compliance.
Aerospace Development Continues
While the listing issue is being addressed, Vertical Aerospace remains focused on its broader aerospace and technology activities.The company is developing eVTOL aircraft as part of the emerging advanced air mobility market. The sector involves the development of aircraft and supporting technologies designed to enable new forms of electric aviation.
Vertical Aerospace’s business activities therefore remain centered on aerospace innovation and the development of electric aircraft technology. The company’s NYSE compliance process is a separate corporate matter involving the market requirements associated with its publicly traded ordinary shares.The company has stated that the NYSE notice is not anticipated to have an impact on its ongoing business operations.
Next Steps for Vertical Aerospace
The next stage for Vertical Aerospace will involve working within the six-month cure period established under the NYSE rules.The company has already notified the NYSE of its intention to regain compliance and is evaluating the available options. To satisfy the specific requirement identified in the notice, the company must achieve a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the preceding 30 trading days, measured on the last trading day of a calendar month during the cure period.
If those conditions are met, the company can regain compliance with the relevant continued listing standard.Until then, Vertical Aerospace’s ordinary shares will remain listed and traded on the NYSE, provided the company continues to satisfy the exchange’s other applicable requirements.
The September 9, 2026 notification consequently marks a compliance issue that the company is working to resolve rather than an immediate change to its NYSE listing or operating activities. Vertical Aerospace said it will consider the available alternatives while continuing its business as it works toward meeting the exchange’s continued listing standards.
About Vertical Aerospace
Vertical Aerospace is a global aerospace and technology company pioneering electric aviation. Vertical is creating a safer, cleaner, and quieter way to travel. Valo is a piloted, four-passenger, Electric Vertical Take-Off and Landing (eVTOL) aircraft, with zero operating emissions. Vertical is also developing a hybrid-electric variant, offering increased range and mission flexibility to meet the evolving needs of the advanced air mobility market.
Vertical combines partnerships with leading aerospace companies, including Honeywell Aerospace, Syensqo and Sonaca, with its own proprietary battery and propeller technology to develop the world’s most advanced and safest eVTOL.
Vertical has c.1,500 pre-orders of Valo, with customers across four continents, including American Airlines, Avolon, Bristow, GOL and Japan Airlines. Certain customer obligations are expected to be fulfilled via third-party agreements. Headquartered in Bristol, UK, Vertical’s experienced leadership team comes from top-tier aerospace and automotive companies such as Rolls-Royce, Airbus, GM, and Leonardo. Together, they have previously certified and supported over 30 different civil and military aircraft and propulsion systems.