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AeroCentury Corp. Comments on Unusual Market Activity

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AeroCentury Corp (NYSE Amex: ACY) faced unusual market activity, prompting the New York Stock Exchange to halt trading in its stock. The company confirmed it is unaware of any undisclosed material changes or developments that could explain this market fluctuation. Known for leasing regional aircraft through triple net leases, AeroCentury serves regional airlines and commercial users globally. The CFO, Harold M. Lyons, is available for inquiries.

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  • Trading of ACY was halted by NYSE due to unusual market activity.
  • Company is not aware of any undisclosed material changes affecting its operations.

BURLINGAME, Calif., Dec. 28, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE Amex: ACY), an independent aircraft leasing company, released the following statement regarding recent market activity in the Company’s stock:

In view of the unusual market activity in the stock of AeroCentury Corp (NYSE Amex: ACY), today, the New York Stock Exchange halted trading in the Company’s stock, and contacted the Company in accordance with the NYSE’s usual practice. Normally, the Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent unusual market activity in the Company’s stock.

AeroCentury is an aircraft operating lessor and finance company specializing in leasing regional aircraft utilizing triple net leases. The Company’s aircraft are leased to regional airlines and commercial users worldwide.

Harold M. Lyons
Chief Financial Officer
(650) 340-1888

 


FAQ

Why was AeroCentury Corp's stock halted?

AeroCentury Corp's stock was halted by the NYSE due to unusual market activity.

What is AeroCentury Corp's business focus?

AeroCentury Corp specializes in leasing regional aircraft through triple net leases.

Is AeroCentury Corp aware of any changes affecting its stock?

AeroCentury Corp confirmed it is not aware of any undisclosed material changes affecting its business.

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