USD Partners LP (USDP): Nasdaq/NYSE listing notice — USD Partners LP receives NYSE delisting notice, begins trading on OTC Pink

USD Partners LP

NYSE suspended trading and commenced delisting proceedings for non-compliance with $15M average market cap standard.
Partnership has 10 business days to decide whether to appeal the NYSE delisting determination.
Common units began trading on OTC Pink Market on November 16, 2023 under ticker USDP.
Delisting and suspension do not affect business or cause default under the Partnership's Credit Agreement.
No assurance that an active trading market for common units will develop or be maintained on OTC Pink.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

USD Partners LP received a nyse delisting notice notice regarding market value (rules 802.01B).

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

Exact text from the filing

November 15, 2023, USD Partners LP (the “Partnership”) received a written notice from the staff of NYSE Regulation notifying the Partnership that NYSE Regulation had determined to commence proceedings to delist the Partnership’s common units from the New York Stock Exchange (“NYSE”). Trading in the Partnership’s common units on the NYSE was suspended after the market close on November 15, 2023. NYSE Regulation reached its decision to delist the common units pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Partnership had fallen below the NYSE’s continued listing stan

View on SEC.gov

Browse all listing & compliance notices →

USD Partners LP filing history →

Source: SEC EDGAR

accession 0001610682-23-000045

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.