Vapotherm announces suspension of NYSE listing, expects to trade on OTCQX

Vapotherm announced it has received notice that the New York Stock Exchange has determined to suspend trading of – and commence proceedings to delist – shares of the company’s common stock, effective immediately. This suspension was made because the company fell below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15M. Vapotherm anticipates that its common stock will begin trading on the OTCQX Market, the highest market tier operated by OTC Markets Group, on December 15, 2023 under its current symbol “VAPO.” Investors are expected to continue to be able to access accurate information, including stock price quotes, and execute trades.