bebe stores, inc. Announces Intention to Voluntarily Delist from NASDAQ and Begin Trading on OTCQB
December 08 2017 - 4:00PM
Business Wire
bebe stores, inc. (Nasdaq: BEBE) (the Company) announced that it
has notified the NASDAQ Stock Market on December 8, 2017 of its
intention to voluntarily delist its common stock from the NASDAQ
Capital Market. The Company intends to cease trading on the NASDAQ
Stock Market on Monday, December 18, 2017. Therefore the last day
of trading on the Nasdaq Stock Market will be Friday, December 15,
2017.
Once delisted, the Company anticipates its stock will begin
trading on the OTCQB Market, which is operated by OTC Markets
Group, a centralized electronic quotation service for
over-the-counter securities, on Monday, December 18, 2017. The
decision of the Company’s Board of Directors to move the listing of
its common stock from Nasdaq to the OTCQB was driven by cost
savings. The Company intends to retain the trading symbol BEBE.
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version on businesswire.com: http://www.businesswire.com/news/home/20171208005650/en/
bebe stores, inc.Walter Parks, 415-715-3900President,
Chief Operating Officer and Chief Financial Officer
Bebe Stores (PK) (USOTC:BEBE)
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