SFUN - NYSE to delist Fang Holdings stock

NYSE said Wednesday it will begin proceedings to delist the American Depositary Shares, each representing 10 class A shares, of Fang Holdings (NYSE:SFUN). Trading in SFUN's ADSs will be suspended immediately. This decision was made as SFUN is a late filer and has not filed its annual report on Form 20-F for the year ended Dec. 31, 2020 and current report on Form 6-K for the half year ended Jun. 30, 2021 with the SEC. SFUN did not complete the delayed filings by May 17, 2022, which was the maximum time allowed. The company has a right to review NYSE's decision. The NYSE will apply to the SEC to delist the ADSs once all applicable procedures are completed, including any appeal by SFUN.

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NYSE to delist Fang Holdings stock