regulatory
confidence high
sentiment negative
materiality 0.70
INTEGRATED RAIL & RESOURCES ACQUISITION CORP: Nasdaq/NYSE listing notice — Integrated Rail & Resources receives NYSE delisting notice; securities to trade OTC
INTEGRATED RAIL & RESOURCES ACQUISITION CORP
- NYSE Staff commenced delisting proceedings for IRRX common stock, units, and warrants due to below $40M public market cap over 30 days.
- Trading suspended on NYSE immediately; securities to trade OTC beginning March 12 under tickers IRRX, IRRXU, IRRXW.
- Company has right to appeal the delisting determination to an NYSE committee; application to SEC pending.
- Integrated Rail & Resources plans to seek Nasdaq listing before or upon completion of a business combination.