Delisting of Securities of Minim, Inc. from The Nasdaq Stock Market
Rhea-AI Summary
The Nasdaq Stock Market has announced the delisting of Minim, Inc.'s common stock. The company's securities have been suspended since July 24, 2024, with no trading activity on Nasdaq since then. The delisting process will be completed through a Form 25 filing with the SEC, becoming effective ten days after filing. The securities may continue trading on other venues, subject to the company's public filings and direct communications.
Positive
- None.
Negative
- Complete delisting from Nasdaq Stock Market
- Trading suspension since July 24, 2024
News Market Reaction
On the day this news was published, NDAQ gained 1.80%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market announced today that it will delist the common stock of Minim, Inc. Minim, Inc.’s securities were suspended on July 24, 2024, and have not traded on Nasdaq since that time.
Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting. The delisting becomes effective ten days after the Form 25 is filed. For news and additional information about the company, including the basis for the delisting and whether the company’s securities are trading on another venue, please review the company’s 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.
FAQ
Why is Minim Inc being delisted from NASDAQ?
When will Minim's delisting from NASDAQ become effective?
Can Minim stock still be traded after NASDAQ delisting?
When was Minim's stock suspended from trading on NASDAQ?
