Butterfly Network Inc.
01/14/2026 | Press release | Distributed by Public on 01/14/2026 16:04
Failure to Satisfy Listing Rule (Form 8-K)
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On January 13, 2026, the New York Stock Exchange (the "NYSE") notified Butterfly Network, Inc. (the "Company"), and, on January 14, 2026, publicly announced, that the NYSE has determined to (a) commence proceedings to delist the Company's public warrants, ticker symbol "BFLY WS" (the "Warrants") and (b) immediately suspend trading in the Warrants due to "abnormally low selling price" levels pursuant to Section 802.01D of the NYSE Listed Company Manual. Each Warrant was issued in connection with the Company's business combination with Longview Acquisition Corp. on February 16, 2021 and is presently exercisable for one share of the Company's Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), at an exercise price per share of $11.50. The Warrants are set to expire on February 12, 2026.
The Company does not believe the warrant delisting is related to the Company's performance. Further, trading in the Company's Class A Common Stock will be unaffected and will continue on the NYSE under the ticker symbol "BFLY".
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