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Moatable Faces NYSE Delisting, Explores OTC Markets Transition
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Moatable Faces NYSE Delisting, Explores OTC Markets Transition

Moatable (MTBL) has shared an announcement.

Moatable, Inc. received a Delisting Notice from the NYSE due to its market capitalization falling below the required minimum, prompting an immediate suspension of its American depositary shares trading. The company can request a review of this decision but plans to transition trading to the OTC Markets’ Pink market the following day. They are also considering options such as applying for the OTCQB or OTCQX markets, as disclosed in their recent press release.

For a thorough assessment of MTBL stock, go to TipRanks’ Stock Analysis page.

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