NYSE to Commence Delisting Proceedings with Respect to the Warrants of Finance of America Companies Inc. (FOA.WS)
July 03 2024 - 9:15AM
Business Wire
The New York Stock Exchange (“NYSE”, the “Exchange”) announced
today that the staff of NYSE Regulation has determined to commence
proceedings to delist the warrants — ticker symbol FOA.WS — to
purchase shares of Class A common stock of Finance of America
Companies Inc. (the “Company”) from the NYSE. Trading in the
warrants will be suspended immediately. Trading in the Company’s
Class A common stock — ticker symbol FOA — will continue on the
NYSE.
NYSE Regulation has determined that the warrants are no longer
suitable for listing based on “abnormally low selling 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
warrants upon completion of all applicable procedures, including
any appeal by the Company of the NYSE Regulation staff’s
decision.
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Company Contacts: For
Finance of America Media: pr@financeofamerica.com For Finance of
America Investor Relations: ir@financeofamerica.com NYSE Contact: NYSE Communications
PublicRelations-NYSE@ice.com