Financial PerformanceSolo Brands reported poor Q4 results, did not provide 2025 guidance, and included a going concern disclosure.
Management And LeadershipPoor Q4 and vacant CEO seat leaves more questions than answers; downgrade to HOLD, PT to $1.
Market TradingSolo Brands expects its Class A common stock will be quoted for trading on the OTC pink market, which is more limited than the NYSE and could further reduce the trading price.
Stock DelistingThe NYSE notified Solo Brands that it would commence proceedings to delist the company's Class A common stock due to trading at abnormally low price levels.