Superior Industries International, Inc. Receives NYSE Noncompliance Notice Due to Low Stock Price
Superior Industries International, Inc. (“Superior” or the “Company”) (NYSE:SUP), a prominent global supplier of aluminum wheels for the automotive industry, announced today that it has received a formal notification from the New York Stock Exchange (“NYSE”) regarding noncompliance with the Exchange’s continued listing requirements. The notice, dated June 17, 2025, informs the Company that it is no longer in compliance with Section 802.01C of the NYSE Listed Company Manual (the “Manual”) due to its stock price performance over a defined period.
According to the NYSE’s continued listing standards outlined in Section 802.01C, a listed company must maintain an average closing price of at least $1.00 per share for its common stock over a consecutive 30-trading day period. The NYSE determined that the average closing price of Superior’s common stock, which has a par value of $0.01 per share, had fallen below this threshold during such a 30-trading day period. As a result, the Company has officially been notified of this deficiency and the potential risk to its continued listing on the NYSE.
Six-Month Cure Period to Regain Compliance
In accordance with NYSE regulations, Superior Industries has been granted a standard six-month period to rectify the deficiency and regain compliance with the minimum share price requirement. This cure period begins from the date the notice was received—June 17, 2025—and extends for 180 calendar days. If during this timeframe the Company is able to demonstrate sustained compliance with the listing standard, the risk of delisting will be resolved.
To regain compliance, the Company’s stock must meet two critical benchmarks: (i) on the last trading day of any calendar month during the cure period, the closing share price must be at or above $1.00; and (ii) the average closing price for the 30 trading days preceding that date must also equal or exceed $1.00. If Superior meets both of these criteria at any point within the six-month period, it will be deemed back in compliance by the NYSE.
The NYSE may, under certain conditions and at its discretion, extend the cure period beyond six months. Such an extension would typically depend on various factors including the Company’s market performance, operational progress, and its ability to present a viable plan for achieving and maintaining long-term compliance.
Common Stock to Remain Listed During Cure Period
Despite the notice of noncompliance, Superior’s common stock will continue to be listed and actively traded on the NYSE throughout the designated cure period. The trading of the stock will not be halted or suspended solely due to this deficiency, provided that the Company adheres to all other applicable NYSE listing standards.
The NYSE will closely monitor the Company’s compliance status during this period. If the Company fails to regain compliance within the specified time frame—or if it violates other listing requirements—it could be subject to further action, including the commencement of delisting procedures.
No Impact on Daily Operations or SEC Reporting
Superior Industries emphasized that the receipt of the NYSE notice has no immediate impact on its day-to-day operations, financial performance, or strategic direction. The Company continues to conduct business as usual and remains focused on delivering high-quality aluminum wheels and related technologies to its automotive clients around the world.
Additionally, the NYSE notification does not affect Superior’s obligations with the U.S. Securities and Exchange Commission (“SEC”). The Company will continue to comply with all ongoing disclosure and filing requirements mandated by the SEC for publicly traded companies.
Company Statement and Strategic Outlook
Superior Industries is evaluating a range of strategic alternatives to address the stock price deficiency and ensure continued compliance with NYSE listing standards. These measures may include enhanced investor engagement, financial restructuring, or a potential reverse stock split, subject to the approval of the Company’s Board of Directors and shareholders.
The Company remains committed to enhancing shareholder value and believes that its core fundamentals, operational resilience, and long-term strategic initiatives will support a recovery in share price. Superior has a strong legacy as a key supplier to global automotive manufacturers and continues to explore opportunities to optimize its cost structure, expand its customer base, and strengthen its product portfolio.
The Company intends to keep shareholders and the public informed of any significant developments related to its compliance status with the NYSE and any actions it may pursue to restore and maintain its listing.
About Superior Industries
Superior is one of the world’s leading aluminum wheel suppliers. Superior’s team collaborates with customers to design, engineer, and manufacture a wide variety of innovative and high-quality products utilizing the latest light weighting and finishing technologies. Superior serves the European aftermarket with the brands ATS®, RIAL®, ALUTEC®, and ANZIO®. Headquartered in Southfield, Michigan, Superior is listed on the New York Stock Exchange. For more information, please visit www.supind.com.
