Delisting of Securities of China XD Plastics Company Limited and Advaxis, Inc. from The Nasdaq Stock Market

Rhea-AI Summary

The Nasdaq Stock Market announced the delisting of common stocks for both China XD Plastics Company Limited and Advaxis, Inc. The common stock of China XD Plastics was suspended on October 29, 2021, while Advaxis's suspension occurred on December 23, 2021. Nasdaq will file a Form 25 with the SEC to formalize these delistings, which will take effect ten days after the filing. Investors are advised to review public filings for further details regarding the companies' trading statuses.

Positive

• None.

Negative

• Delisting of China XD Plastics Company Limited due to prolonged suspension since October 29, 2021.
• Delisting of Advaxis, Inc. due to prolonged suspension since December 23, 2021.

NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) --  The Nasdaq Stock Market announced today that it will delist the common stock of China XD Plastics Company Limited. China XD Plastics Company Limited’s common stock was suspended on October 29, 2021 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Advaxis, Inc. Advaxis, Inc.’s common stock was suspended on December 23, 2021 and has not traded on Nasdaq since that time.

Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delistings. 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 delisting 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: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series. 

NDAQO

FAQ

Why is China XD Plastics Company Limited being delisted from Nasdaq?

China XD Plastics is being delisted due to its common stock being suspended since October 29, 2021.

What led to the delisting of Advaxis, Inc.?

Advaxis, Inc. is being delisted because its common stock has been suspended since December 23, 2021.

When will the delistings of China XD Plastics and Advaxis become effective?

The delistings will be effective ten days after Nasdaq files Form 25 with the SEC.

What is the stock symbol related to these delistings?

The stock symbol for the Nasdaq is NDAQ.