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bebe stores, inc. (NASDAQ:BEBE) (the Company) announced that it has notified the NASDAQ Stock Market on December 8, 2017 of its intention to voluntarily delist its common stock from the NASDAQ Capital Market. The Company intends to cease trading on the NASDAQ Stock Market on Monday, December 18, 2017. Therefore the last day of trading on the Nasdaq Stock Market will be Friday, December 15, 2017.
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Once delisted, the Company anticipates its stock will begin trading on the OTCQB Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities, on Monday, December 18, 2017. The decision of the Company's Board of Directors to move the listing of its common stock from Nasdaq to the OTCQB was driven by cost savings. The Company intends to retain the trading symbol BEBE.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005650/en/
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.