EveryWare Global stock to be delisted by Nasdaq; no appeal planned

By Caroline Salls

Pittsburgh, April 8 – EveryWare Global, Inc. was notified that the Nasdaq Stock Market LLC intends to delist the company’s common stock because of its Chapter 11 bankruptcy filing, according to a news release.

The company said Nasdaq intends to file a delisting application with the Securities and Exchange Commission.

EveryWare said it does not plan to appeal the delisting determination, and it expects the delisting of its common stock from Nasdaq to take effect at the opening of trading on April 17.

The company said it expects its securities to be immediately eligible to be quoted on the OTC Bulletin Board or in the Pink Sheets. To be quoted on either, a market maker must sponsor the security and comply with SEC rule 15c2-11 before it can initiate a quote in a specific security.

EveryWare Global is a Lancaster, Ohio-based supplier of food preparation products that filed bankruptcy on April 7 in the U.S. Bankruptcy Court for the District of Delaware. The Chapter 11 case number is 15-10743.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.