other material
confidence high
sentiment negative
materiality 0.90
ALPINE SUMMIT ENERGY PARTNERS, INC.: Nasdaq/NYSE listing notice — Alpine Summit Energy Partners to be delisted from Nasdaq on July 21 after Chapter 11 filing
ALPINE SUMMIT ENERGY PARTNERS, INC.
- Filed for Chapter 11 bankruptcy on July 5, 2023; Nasdaq notified delisting on July 12, 2023.
- Shares will be suspended from Nasdaq at open of business on July 21, 2023.
- Company does not intend to appeal delisting determination.
- Trading expected to move to Pink Open Market on July 21; no assurance of continued trading.
- Company warns shareholders may receive no distribution on shares in bankruptcy.