- Gamco Investors ( NYSE: GBL ) said Friday it notified NYSE of its intention to voluntarily delist its class A stock from the exchange.
- After de-listing, GBL expects to list its class A stock on the OTCQX platform.
- GBL plans to file a Form 25 with the U.S. SEC on or about Sept. 26.
- Last day of trading in GBL's stock on the NYSE will be on or about Oct. 6, when the Form 25 takes effect.
- GBL's stock deregistration is expected to become effective 90 days thereafter.
- The company's board believes delisting its stock from NYSE is in the best interest of its stockholders.
- Once delisted and deregistered, GBL will redirect its financial resources to a wider range of business opportunities.
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Gamco Investors to voluntarily delist class A stock from NYSE