JOANN Inc.: Nasdaq/NYSE listing notice — JOANN Inc. to be delisted from Nasdaq after Chapter 11 filing; trading suspended March 28

JOANN Inc.

Nasdaq notified JOANN on March 20 that common stock will be delisted due to Chapter 11 filing on March 18.
Company does not intend to appeal; trading suspended at the opening of business on March 28, 2024.
A Form 25-NSE will be filed with the SEC to remove the stock from listing and registration on Nasdaq.
Nasdaq cited unsuitability under Listing Rules 5101, 5110(b), and IM-5101-1 due to bankruptcy proceedings.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

JOANN Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5110(b), IM-5101-1

Exact text from the filing

March 20, 2024, JOANN, Inc. (the “Company”) was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq had determined to delist the Company’s common stock, par value $0.01 per share (the “Common Stock”). Nasdaq reached its decision that the Company is no longer suitable for listing pursuant to Nasdaq Listing Rules 5101, 5110(b), and IM‐5101-1 as a result of the Company’s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code (“Chapter 11”) on March 18, 2024. The Company does not intend to appeal this determin

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Source: SEC EDGAR

accession 0000950170-24-035389

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