Cano Health (CANO) has released an update to notify the public and investors about listing compliance status.
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Cano Health, Inc. has received a notification from the New York Stock Exchange (NYSE) about the initiation of delisting proceedings and suspension of trading for its Class A common stock after filing for Chapter 11 bankruptcy. The company will not contest the NYSE’s decision and anticipates the delisting to proceed. Meanwhile, Cano Health’s stock is expected to remain available for trading on the OTC market under the ticker “CANOQ.”
For further insights into CANO stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
