NYSE to Commence Delisting Proceedings Against Global Cord Blood Corporation (CO)
The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Global Cord Blood Corporation (the “Company”) — ticker symbol CO — from the NYSE.
- The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the ordinary shares of Global Cord Blood Corporation (the “Company”) — ticker symbol CO — from the NYSE.
- NYSE Regulation halted trading in the Company’s ordinary shares on September 23, 2022 and has now determined to commence delisting proceedings with respect to the Company pursuant to Section 802.01D of the NYSE Listed Company Manual.
- On September 22, 2022, the Grand Court of the Cayman Islands issued an order appointing Joint Provisional Liquidators (the “JPLs”) over the Company.
- As a result, NYSE Regulation reached the decision that the Company is no longer suitable for listing.