NYSE to Commence Delisting Proceedings Against SIGNA Sports United N.V. (SSU)

NYSE Regulation has determined that the Company’s Securities are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the Listed Company Manual.

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수요일, 10월 11, 2023
Information
Tags: 
Professional Services, Fintech, Security (finance), NYSE Listed Company Manual, NYSE, Exchange, Committee, Trinidad and Tobago Securities and Exchange Commission
Geotags: 
UNITED STATES, NORTH AMERICA, NEW YORK
Organisation: 
NYSE REGULATION
요약
Key Points: 
  • NYSE Regulation has determined that the Company’s Securities are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the Listed Company Manual.
  • The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange.
  • The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20231011565825/en/


The New York Stock Exchange (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of SIGNA Sports United N.V. (the “Company”) from the NYSE. Trading in the Company’s Securities will be suspended immediately.

Symbol

Description

SSU

Ordinary Shares, nominal value €0.12 per share

SSU WS

Public Warrants, each whole warrant to purchase one Ordinary Shares at an exercise price of $11.50

NYSE Regulation has determined that the Company’s Securities are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the Listed Company Manual.

The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

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