FNHC - FedNat decides to voluntarily delist from Nasdaq

• Insurance holding company FedNat Holding Company ( NASDAQ: FNHC ) has decided to voluntarily delist its shares from Nasdaq.
• The company intends to file a Form 25 with the U.S. Securities and Exchange Commission on or about Nov. 7.
• The delisting is expected to become effective 10 days following the filing.
• The decision was based on several factors, such as the company's likely inability to regain compliance and the associated significant costs.
• The company had been non-compliant with the stock exchange's certain listing rules.
• FNHC shares were trading -32.57% pre-market.
• Source: Press Release

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