other material
confidence high
sentiment negative
materiality 0.95
Keenova Therapeutics plc: Nasdaq/NYSE listing notice — Mallinckrodt receives NYSE American delisting notice after Chapter 11 filing; shares cancelled for no consideration
Keenova Therapeutics plc
- NYSE American notified Mallinckrodt on Aug 28, 2023 of immediate trading suspension and delisting proceedings.
- Delisting triggered by Company's voluntary Chapter 11 filing on Aug 28, 2023 in U.S. Bankruptcy Court for Delaware.
- Restructuring Support Agreement (Aug 23, 2023) provides for cancellation of all ordinary shares for no consideration.
- Company's ordinary shares (MNK) will be suspended immediately from NYSE American.