secwatch.observer — SEC 8-K summary
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Issuer:     DIEBOLD NIXDORF, Inc (DBD)
CIK:        0000028823
Form:       8-K
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0000028823-23-000123
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Diebold Nixdorf delisted from NYSE after Chapter 11; trades OTC under DBDQQ
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- NYSE notified delisting & suspended trading June 2, 2023 due to Chapter 11 and Dutch scheme proceedings.
- Company will not appeal the NYSE determination; expects delisting to be completed.
- Trading commenced June 5 on OTC Pink (symbol DBDQQ); market is significantly less liquid.
- Company warns of potential further price depression and uncertain trading liquidity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000123/0000028823-23-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/28823/000002882323000123/dbd-20230602.htm
  HTML page:      https://secwatch.observer/filing/0000028823-23-000123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer