Jan27.LeapFrogOn September 4, LeapFrog Enterprises Inc. received a continued listing standards notice from the New York Stock Exchange (NYSE), due to the average closing price of the company’s common stock having fallen below $1 over a consecutive 30 trading-day period. The notice has no immediate impact on the listing of LeapFrog’s common stock, which will continue to trade on the NYSE, subject to the company’s compliance with other listing standards.

Under NYSE rules, the company has six months following receipt of the notification to regain compliance with the minimum share price requirement. LeapFrog plans to notify the NYSE that it will cure the issue and regain compliance.