other material
confidence high
sentiment negative
materiality 0.90
Starry Group Holdings, Inc.: Nasdaq/NYSE listing notice — Starry Group Holdings to be delisted from NYSE effective Jan 9, 2023; now trades OTC
Starry Group Holdings, Inc.
- NYSE commenced delisting proceedings on Dec 14, 2022 due to trading price levels under Section 802.01D.
- Trading suspended Dec 15; Company did not appeal; NYSE filed Form 25 on Dec 30, 2022.
- Delisting effective Jan 9, 2023; Class A common stock and warrants trade OTC under STRY and STRYW.
- Company warns of limited available cash and need for financing; delisting increases risk.