NanoString Tech (NSTG) has released an update to notify the public and investors about listing compliance status.
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Due to bankruptcy petitions, Nasdaq has decided to delist the common stock of a company, suspending trading from February 14, 2024, and moving it to the over-the-counter market under a new symbol. Shareholders are warned that trading is now highly speculative and risky, with prices not reflecting potential recovery value. The company will continue updating stakeholders through its website and monthly reports but cautions investors about the uncertainty of forward-looking statements and the myriad risks posed by the bankruptcy proceedings and potential asset sales.
For further insights into NSTG stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
