Delisting of Securities of Interpace Biosciences, Inc., Francesca's Holdings Corporation, and Wins Finance Holdings Inc. from The Nasdaq Stock Market

Rhea-AI Summary

On April 23, 2021, Nasdaq announced the delisting of common stocks for Interpace Biosciences, Francesca’s Holdings Corporation, and Wins Finance Holdings Inc. Interpace's stock was suspended on February 25, 2021, Francesca's on December 15, 2020, and Wins Finance's on October 21, 2020, with no trading occurring since those dates. Nasdaq will file a Form 25 with the SEC to formalize these delistings, which will take effect ten days after the filing. For further details about these companies, refer to their public filings.

Positive

• None.

Negative

• Delisting of Interpace Biosciences, indicating a decline in market status.
• Delisting of Francesca’s Holdings Corporation, reflecting financial instability.
• Delisting of Wins Finance Holdings, suggesting lack of market activity.

NEW YORK, April 23, 2021 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of Interpace Biosciences, Inc. Interpace Biosciences, Inc.’s common stock was suspended on February 25, 2021 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the common stock of Francesca’s Holdings Corporation. Francesca’s Holdings Corporation’s common stock was suspended on December 15, 2020 and has not traded on Nasdaq since that time.

Nasdaq also announced today that it will delist the Ordinary Shares (Cayman Islands) of Wins Finance Holdings Inc. Wins Finance Holdings Inc.’s Ordinary Shares (Cayman Islands) were suspended on October 21, 2020 and have 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 Interpace Biosciences being delisted from Nasdaq?

Interpace Biosciences' common stock was suspended on February 25, 2021, and has not traded since.

What happened to Francesca’s Holdings Corporation stock?

Francesca’s stock was suspended on December 15, 2020, leading to its delisting.

When will the delistings from Nasdaq become effective for Wins Finance Holdings?

The delisting becomes effective ten days after Nasdaq files Form 25.

What are the consequences of being delisted from Nasdaq?

Delisted companies can face challenges in raising capital and may lose investor confidence.