QTNT - Quotient Limited to voluntary delist from Nasdaq
- Quotient ( NASDAQ: QTNT ) said it had given a formal notice to the Nasdaq to voluntarily delist its ordinary shares.
- The company expects to file a Form 25 with the SEC on or about Dec. 27. The delisting of the shares will take effect after ten days from the date of Form 25 filing.
- The last trading day of the company's shares on the Nasdaq Global Market will be on or about January 6.
- The Company does not expect to apply to list its ordinary shares on any other stock exchange, it added.
- The company plans to delist because its ordinary shares have continued to trade at levels substantially below the $50M minimum market value requirement.
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Quotient Limited to voluntary delist from Nasdaq