WeWork Inc.: Nasdaq/NYSE listing notice — WeWork warrants to be delisted from NYSE due to abnormally low price levels

WeWork Inc.

NYSE notified WeWork on August 22, 2023 it will delist warrants (WE WS) effective immediately.
Delisting triggered by 'abnormally low' trading price levels under NYSE Section 802.01D.
Company does not intend to appeal NYSE's delisting determination.
Common stock (WE) continues trading on NYSE; no impact on Class A shares.

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

WeWork Inc. received a nyse delisting notice notice regarding other (rules 802.01D).

Exchange: nyse
Notice: delisting notice
Rules: 802.01D

Exact text from the filing

August 22, 2023, the New York Stock Exchange (the “NYSE”) notified WeWork Inc. (the “Company”), and publicly announced, that the NYSE has determined to (A) commence proceedings to delist the Company’s warrant s, each whole warrant exercisable to purchase one share of the Company’s Class A common stock, par value $0.0001 per share (the “Common Stock”), at a price of $11.50 per share, and listed to trade on the NYSE under the symbol “WE WS” (the “Warrants”) and (B) immediately suspend trading in the Warrants due to “abnormally low” trading price levels pursuant to Section 802.01D of the NYSE

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Source: SEC EDGAR

accession 0001140361-23-040884

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