Southcross Energy Partners, L.P. Announces Move to OTCQX ®
SOUTHCROSS ENERGY (SXE)
Last southcross energy earnings: 5/10 06:05 am
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US:NYSE Investor Relations:
investors.southcrossenergy.com
Company Research
Source: GlobeNewswire
DALLAS, Texas, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Southcross Energy Partners, L.P. (NYSE: SXE) (“Southcross Energy” or “the Partnership”) today announced that it will move trading in the Partnership’s Common Units (the “Common Units”). The Common Units will shift to the OTCQX® from the New York Stock Exchange (“NYSE”) effective at the market close of trading on the NYSE on February 27, 2019. On February 28, 2019, the Common Units will begin trading on the OTCQX® at the market open. On February 27, 2019, the Partnership received notification from the NYSE that the Partnership was not in compliance with Rule 802.01C of the NYSE’s Listed Company Manual, as the Partnership’s unit price had fallen below the NYSE’s continued listing standard for average closing price of less than $1.00 over a consecutive 30-trading-day period and failed to cure this non-compliance within the required timeframe. The same notification informed the Partnership that NYSE Regulation, Inc. (“NYSE Regulation”
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