Delisting of Securities of Fred’s, Inc., BIQI International Holdings Corporation, Alta Mesa Resources, Inc., and Diversicare Healthcare Services Inc. from The Nasdaq Stock Market

Oct 10, 2019

NEW YORK, Oct. 10, 2019 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of Fred's, Inc. Fred's, Inc.’s stock was suspended on September 18, 2019 and has not traded on Nasdaq since that time.

Nasdaq also announced that it will delist the common stock of BIQI International Holdings Corporation. BIQI International Holdings Corporation’s stock was suspended on August 09, 2019 and has not traded on Nasdaq since that time.

Nasdaq also announced that it will delist the common stock Class A and warrant of Alta Mesa Resources, Inc. Alta Mesa Resources, Inc.’s stock was suspended on September 24, 2019 and has not traded on Nasdaq since that time.

Finally, Nasdaq also announced that it will delist the common stock of Diversicare Healthcare Services Inc. Diversicare Healthcare Services Inc.’s stock was suspended on August 29, 2019 and has not traded on Nasdaq since that time.    

Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies. The delistings become effective ten days after the Form 25 is filed. For news and additional information about the companies, including the basis for the delistings and whether the companies’ securities are trading on another venue, please review the companies’ public filings or contact the company directly.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: http://www.cchwallstreet.com/NasdaqTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.

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Source: Nasdaq, Inc.

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