NYSE to Suspend Trading Immediately in Starry Group Holdings, Inc. (STRY) and Commence Delisting Proceedings
The New York Stock Exchange ("NYSE" or "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below ("Securities") of Starry Group Holdings, Inc. (the "Company") from the Exchange. Trading in the Company's Securities will be suspended immediately.
Symbol |
Description |
STRY |
Class A common stock, par value $0.0001 per share |
STRY WS |
Warrants to purchase 1.2415 shares of Class A common stock, each at an exercise price of $9.13 per 1.2415 shares of Class A common stock |
NYSE Regulation has determined that the Company's Securities are no longer suitable for listing based on "abnormally low" price levels, pursuant to Section 802.01D of the Listed Company Manual.
The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company's Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff's decision.
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