AI-native skills management
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Skillsoft Receives Continued Listing Standard Notice from NYSE
Businesswire· 2026-03-30 21:00
Core Viewpoint - Skillsoft has received a notice from the New York Stock Exchange (NYSE) indicating non-compliance with listing standards due to a market capitalization below $50 million and stockholder's equity also below $50 million as of October 31, 2025 [1][2]. Group 1: Compliance and Listing Status - The company has 18 months to address the deficiencies in market capitalization and/or stockholder's equity, pending NYSE's approval of a business plan to regain compliance [1][2]. - Skillsoft intends to submit a business plan within 45 days to cure the identified deficiencies and explore all available alternatives for compliance [2]. - The company's common stock will continue to be listed and traded on the NYSE during the cure period, subject to quarterly reviews and compliance with other listing criteria [3]. Group 2: Company Overview - Skillsoft is a global leader in AI-native skills management, helping organizations build a workforce that integrates human and AI capabilities [4]. - The company supports over 105 million learners globally and is trusted by 60% of the Fortune 1000 [4].
Skillsoft Announces New Employee Inducement Grant Under NYSE Rule 303A.08
Businesswire· 2026-02-20 22:30
Core Viewpoint - Skillsoft announced the grant of restricted stock units (RSUs) to new executives as part of their employment inducement strategy under NYSE Rule 303A.08, highlighting the company's commitment to attracting top talent in the AI-native skills management sector [1]. Group 1: Employee Inducement Grants - On February 18, 2026, Skillsoft's Talent and Compensation Committee granted 95,000 RSUs to Bernard Barbour as an inducement for his hiring as Chief Technology and Product Officer [1]. - The RSUs granted to Barbour will vest 50% ratably over four years, while the remaining 50% is contingent on achieving specified annual revenue growth targets, with vesting up to 175% based on performance [1]. - Additionally, 25,000 RSUs were granted to David Koehn as an inducement for his hiring as SVP, Product Management on January 5, 2026 [1]. Group 2: Company Overview - Skillsoft is recognized as a global leader in AI-native skills management, focusing on the integration of learning, skills intelligence, and workforce insights to enhance business outcomes [1]. - The company supports over 105 million learners globally and is trusted by 60% of the Fortune 1000, indicating a strong market presence and demand for its services [1].