CARBO Announces Delisting from NYSE, Applies to Have Shares Trade on OTCQB Market
CARBO CERAMICS (CRR)
Last carbo ceramics earnings: 11/8 05:00 pm
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US:NYSE Investor Relations:
carboceramics.com/contact/carbo-corporate/investor-relations
Company Research
Source: PR Newswire
HOUSTON, Dec. 13, 2019 /PRNewswire/ -- CARBO Ceramics Inc. (NYSE: CRR) ("CARBO" or "the Company") today announced that it expects its common shares will be delisted from the New York Stock Exchange ("NYSE") on or about December 20, 2019 as a result of its failure to meet the NYSE's average global market capitalization rule.Logo - http://photos.prnewswire.com/prnh/20120503/MM00528LOGO This announcement follows on the Company's receipt of a notice from the NYSE on December 10, 2019 that CARBO is not in compliance with the continued listing criteria with its share price falling below $1.00 over a period of 30 consecutive trading days. As a result, CARBO has applied to list the Company's common shares on the OTCQB Market. The Company anticipates that trading of its common shares on the OTCQB Market will begin on or about December 23, 2019.The transition will not impact the CARBO's business operations or the Company's ongoing transformation strategy to improve its cash position, diversify
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