other material
confidence high
sentiment neutral
materiality 0.40
Leonardo DRS voluntarily delisting from Tel Aviv Stock Exchange; Nasdaq listing unchanged
Leonardo DRS, Inc.
- Voluntary delisting from TASE requested on Sep 27, 2023; expected effective in three months.
- Common stock continues trading on Nasdaq under symbol DRS.
- All TASE-traded shares can be transferred to Nasdaq for continued trading.
- Company cites concentrating market activity on a single exchange as rationale.