StockRoomBully
2 years ago
A voluntary delisting may occur when a company determines that there is no longer a financial benefit to being publicly traded. A buyout: In a buyout, the purchasing entity often takes the purchased company private.
Brock took over everything start to change. Buyout potential/merger. Now they can make. Moves and not be pressured by nasdaq
"I have full faith in Brock's stewardship abilities to lead the company," said Kaspien Board member and Company Co-Founder Tom Simpson. "Brock knows Kaspien and our partners inside and out, and his financial and operational acumen are unmatched. Over the last four years, he has earned and maintained the respect from employees throughout the organization. Brock brings the right combination of vision, pragmatism, and humanity needed to drive a relationship-centric business such as ours."
crudeoil24
4 years ago
Trans World Entertainment Corporation Changes Name To Kaspien Holdings, Changes Ticker To 'KSPN'
5:02 pm ET September 3, 2020 (Benzinga) Print
ALBANY, N.Y., Sept. 03, 2020 (GLOBE NEWSWIRE) -- Kaspien Holdings Inc. (NASDAQ:KSPN) formerly Trans World Entertainment Corporation (NASDAQ:TWMC), today announced a new ticker symbol. As previously announced, the Companyβs former name, Trans World Entertainment Corporation, has now been changed to Kaspien Holdings Inc. and will begin trading under the ticker KSPN on the NASDAQ Capital Market, effective September 8, 2020.