LATAM Airlines (LTMAY) has released an update.
LATAM Airlines Group S.A. is in the process of relisting its ADR program on the New York Stock Exchange, accompanied by a potential secondary sale aimed at increasing liquidity. The company has received a request from necessary backstop parties to proceed with this first secondary sale, the timing of which is contingent on market conditions and could coincide with the ADR relisting. Shareholders and the market will be kept informed of developments regarding the ADR relisting and the secondary sale.
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