other material
confidence high
sentiment negative
materiality 1.00
ID Auto, Inc.: Nasdaq/NYSE listing notice — PARTS iD files Chapter 11; NYSE American delists stock, trading suspended
ID Auto, Inc.
- Filed Chapter 11 petitions on Dec 26, 2023 in Delaware bankruptcy court.
- NYSE Regulation determined stock unsuitable for listing; delisting proceedings initiated.
- Company will not appeal; trading suspended effective Dec 26, 2023.
- Securities expected to trade over-the-counter; holders face possible total loss.
- Press release issued Jan 2, 2024 confirming delisting from NYSE American.