regulatory
confidence high
sentiment negative
materiality 0.60
Boxed, Inc.: Nasdaq/NYSE listing notice — NYSE delists Boxed warrants effective immediately due to abnormally low price; company will not appeal
Boxed, Inc.
- NYSE notified Boxed on March 16 that warrants (BOXD WS) would be suspended due to 'abnormally low' trading price levels.
- Trading in the warrants was suspended immediately on March 16; company does not intend to appeal the determination.
- Delisting applies only to the warrants; common stock (BOXD) continues to trade on NYSE.