Yahooer: Where can I find out NYSE delisting deadline dates for the stocks?
Is there any information about which stock will be delisted if cannot trade above $ 1.
Thanks.
Answers and Views:
Answer by Robert M
You can identify which companies are non-compliant by looking at a list published by exchanges on non-compliant securities or you can identify them directly if their stock symbol has the indicator “BC” attached to the end of it. Note that even though these companies are non-compliant they are still allowed to trade normally on the exchange.
The company gets an opportunity to respond with a description of the actions they are taking, or plan to take, to become compliant with continued listing standards. If the company doesn’t respond with their plan of action within 10 business days of the receipt of a letter, the exchange would proceed with the delisting. If the exchange accepts the plan, the company’s financial progress will be monitored by the exchange according to the milestones outlined in the plan.
Answer by SummerHave a look in the Edgar database (look for the company filings)
www.sec.gov/edgar.shtm
Alternatively, look up the ticker in google finance, this is a very formal procedure and should be well documented. If you cant find it, verify the source of your assumption.
Hope that helps.
Leave a Reply