PublicSquare Faces NYSE Delisting After 99% Stock Plunge and $160 Million in Losses
Updated
Updated · en.sedaily.com · Aug 20
PublicSquare Faces NYSE Delisting After 99% Stock Plunge and $160 Million in Losses
2 articles · Updated · en.sedaily.com · Aug 20
Summary
NYSE has warned PublicSquare it risks delisting after the conservative marketplace's shares fell 99% from their 2023 listing price and cumulative losses reached about $160 million by late July.
PublicSquare failed to attract enough shoppers, canceled a TV program meant to draw conservatives, sold a diaper brand aimed at anti-abortion consumers, and this year said it would abandon the marketplace model for fintech.
Trump Jr. collected more than $500,000 in consulting fees in 2025 even as PublicSquare stayed in the red; he was also the only director with board attendance below 75%, at about 60%.
Nick Ayers-linked and Omeed Malik-linked firms received another $650,000 and $400,000, adding to criticism that 2024 administrative costs of $43.3 million ran to nearly double the company's annual revenue.
The scrutiny feeds a broader conflict-of-interest debate around the Trump family, which disclosures show made more than $1.4 billion from crypto and other investments while many outside investors lost money.