regulatory
confidence high
sentiment negative
materiality 0.60
Cano Health, Inc.: Nasdaq/NYSE listing notice — NYSE to delist Cano Health warrants (CANO/WS) due to abnormally low price; common stock unaffected
Cano Health, Inc.
- NYSE notified Cano Health on Nov 9, 2023 to delist and suspend trading of warrants (CANO/WS) for 'abnormally low' prices per Section 802.01D.
- Company will not appeal delisting; Form 25 filed on Nov 13, 2023 to initiate process.
- Warrants expected to trade on OTC market; Class A common stock (CANO) remains listed on NYSE.