Ebix (EBIXQ) has released an update.
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Amid bankruptcy proceedings, a company has received notice that its common stock will be delisted from the Nasdaq Stock Market. The suspension of trading commenced on December 28, 2023, with the delisting becoming effective at the start of trading on February 26, 2024, as per the official filing with the SEC. This move reflects the Nasdaq’s adherence to its listing rules following the company’s financial troubles.
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