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OG - Onion Global ADSs to be delisted from NYSE to trade on OTC
Onion Global Limited American Depositary Shares (each ten (10) ADSs representing one (1) Class A)
Onion Global ( NYSE: OG ) -23.1% aftermarket said Tuesday its American depositary shares would be delisted from the New York Stock Exchange and that trading in the ADSs would be suspended immediately.
The NYSE decided to delist the company because its shares had fallen below the NYSE's continued listing standard.
The company expects to apply for quotation of its ADSs on an appropriate tier of the OTC Markets.