Loading...
Loading...
NYSE Regulation
announced today that it determined that the common stock of Grubb & Ellis
Company
GBE - should be suspended from
trading on the New York Stock Exchange ("NYSE") prior to the market opening
on Friday, January 6, 2012. The Company expects to commence trading on the
over-the-counter (OTC) market that same day under a symbol yet to be
determined.
NYSE Regulation has determined that the Company is no longer eligible for
listing under Section 802.01B of the NYSE Listed Company Manual in view of
the fact that it has fallen below the NYSE's continued listing standard
regarding average global market capitalization over a consecutive 30 trading
day period of less than $15 million, which is a minimum threshold for
listing.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in