NEW YORK, June 21, 2019 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of FTD Companies, Inc.FTD Companies, Inc.’s stock was suspended on June 13, 2019 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the warrant of Kaixin Auto Holdings. Kaixin Auto Holdings’s warrant was suspended on June 11, 2019 and has not traded on Nasdaq since that time.
Nasdaq also announced that it will delist the common stock of CytRx Corporation. CytRx Corporation’s stock was suspended on June 04, 2019 and has not traded on Nasdaq since that time.
Finally, Nasdaq also announced that it will delist the common stock of Insys Therapeutics, Inc.Insys Therapeutics, Inc.’s stock was suspended on June 19, 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.
