other material
confidence high
sentiment negative
materiality 0.85
Scorpius Holdings accepts NYSE delisting; Lead Independent Director Prendergast resigns
Scorpius Holdings, Inc.
- Trading suspended on NYSE American after April 21 close; shares moved to OTC Market on April 22.
- Company declined to appeal delisting; NYSE American filed Form 25 on May 1; delisting effective ~May 11.
- John Prendergast resigned from Board effective May 2; served as Lead Independent Director, Compensation Chair, and committee member.
- Prendergast's resignation not due to any disagreement with company's operations or policies.