Delisting of Securities of CardConnect Corp. (Warrant), Escalon Medical Corp., Forbes Energy Services Ltd., Voltari Corporat...
January 24 2017 - 4:05PM
The Nasdaq Stock Market announced today that it will delist the
warrant of CardConnect Corp. CardConnect Corp.’s warrant was
suspended on January 06, 2017 and has not traded on Nasdaq since
that time.
Nasdaq also announced that it will delist the
common stock of Escalon Medical Corp. Escalon Medical Corp.’s
stock was suspended on November 18, 2016 and has not traded on
Nasdaq since that time.
Nasdaq also announced that it will delist the
common stock of Forbes Energy Services Ltd. Forbes Energy
Services Ltd.’s stock was suspended on November 21, 2016 and has
not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the
common stock of Voltari Corporation. Voltari Corporation’s
stock was suspended on December 23, 2016 and has not traded on
Nasdaq since that time.
Finally, Nasdaq announced that it will delist
the common stock of Mateon Therapeutics, Inc. Mateon
Therapeutics, Inc.’s stock was suspended on December 08, 2016 and
has not traded on Nasdaq since that time.
Nasdaq will file a Form 25 with the Securities
and Exchange Commission to complete the delisting for each of these
companies. The delistings become effective ten days after the
Form 25 is filed. For news and additional information about
the companies, including the basis for the delistings and whether
the companies’ securities are trading on another venue, please
review the companies’ public filings or contact the company
directly.
For more information about The Nasdaq Stock
Market, visit the Nasdaq Web site at http://www.nasdaq.com.
Nasdaq’s rules governing the delisting of securities can be found
in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site:
http://www.cchwallstreet.com/NasdaqTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.
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