regulatory
confidence high
sentiment negative
materiality 0.70
ST Energy Transition I Ltd.: Nasdaq/NYSE listing notice — NYSE to delist ST Energy Transition I warrants (STET WS) due to abnormally low price; no appeal
ST Energy Transition I Ltd.
- NYSE notified ST Energy Transition I Ltd. on May 30, 2023, of delisting proceedings for its warrants (STET WS) due to 'abnormally low' trading price levels.
- Trading in the warrants was suspended immediately; the company will not appeal the NYSE determination.
- Class A shares (STET) and SAIL units (STET.U) remain listed and continue trading on the NYSE.