Cano Health says NYSE will begin delisting procedure for co's stock
seekingalpha
06 Feb 2024
Cano Health (NYSE:CANO) said that NYSE has notified the company that it has determined to start proceedings to delist the firm's class A common stock and also suspend trading in its stock.
The delisting proceeding notice comes after the firm files for bankruptcy and entered into a restructuring support agreement with lenders.
The firm said it does not intend to appeal the NYSE's determination and therefore expects that its stock will be delisted from the NYSE.
The common stock is expected to continue trading on the OTC market under the symbol "CANOQ."
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