Broadmark Realty Capital announced that it had received a letter from NYSE Regulation indicating that NYSE Regulation has determined to commence proceedings to delist the company’s warrants from the NYSE American exchange and that trading in the warrants has been suspended. Specifically, the letter stated that the warrants are no longer suitable for listing based on low selling price levels, pursuant to Section 1001 of the NYSE American Company Guide. The notification letter confirms that the Company’s common stock will continue to be traded on the New York Stock Exchange.
Published first on TheFly
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