Solo Brands Shareholders Approve Charter Amendments

The latest announcement is out from Solo Brands ( (DTCB) ).

On May 6, 2025, Solo Brands, Inc. appealed a decision by the NYSE to delist its Class A common stock due to low trading prices and a market capitalization below $15 million. The stock remains listed but suspended on the NYSE and is trading on the OTC Pink Market, which may impact liquidity and stock price. Additionally, at the annual meeting on May 23, 2025, shareholders approved amendments to the company’s charter, including officer exculpation and a potential reverse stock split, reflecting strategic adjustments to address operational and governance challenges.

The most recent analyst rating on (DTCB) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Solo Brands stock, see the DTCB Stock Forecast page.

Spark’s Take on DTCB Stock

According to Spark, TipRanks’ AI Analyst, DTCB is a Neutral.

Solo Brands’ overall stock score is primarily driven by its challenging financial performance and technical analysis, both indicating significant risks. The earnings call provided some positive notes on cost management and segment growth, but these are overshadowed by broader financial and market difficulties. The company’s appeal against the NYSE delisting decision further underscores the heightened risk environment.

To see Spark’s full report on DTCB stock, click here.

More about Solo Brands

Solo Brands, Inc. operates in the consumer goods industry, focusing on providing innovative outdoor lifestyle products. The company is known for its range of products that cater to outdoor enthusiasts, aiming to enhance their experiences with high-quality and functional designs.

Average Trading Volume: 1,346,117

Technical Sentiment Signal: Sell

Current Market Cap: $7.38M

See more insights into DTCB stock on TipRanks’ Stock Analysis page.