Invitae Corp: Nasdaq/NYSE listing notice — NYSE delists Invitae common stock; trading suspended for abnormally low price

Invitae Corp

NYSE notified Invitae on Feb 6, 2024 of delisting immediately due to 'abnormally low' trading price levels.
Trading of common stock (NVTA) suspended immediately; expected to quote on OTC Pink platform.
Quotation on OTC likely results in a less liquid market and could further depress the stock price.
Company can provide no assurance that trading on OTC will continue or be efficient.

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 0.95

Invitae Corp received a nyse delisting notice notice regarding market value (rules 802.01D).

Exchange: nyse
Notice: delisting notice
Deficiency: market value
Rules: 802.01D

Exact text from the filing

February 6, 2024, the New York Stock Exchange (the “NYSE”) notified Invitae Corporation (the “Company”), and publicly announced, that the NYSE has determined to (A) commence proceedings to delist the Company’s common stock, par value $0.0001 per share (the “Common Stock”) and (B) immediately suspend trading in the Common Stock due to “abnormally low” trading price levels pursuant to Section 802.01D of the NYSE Listed Company Manual. The Company expects that its Common Stock will be quoted on the OTC Pink platform or another market operated by OTC Markets Group Inc. (the “OTC”). The OTC is a si

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Source: SEC EDGAR

accession 0001501134-24-000012

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