Splash Beverage Group, Inc. (NYSE American: SBEV) has been informed by NYSE Regulation that its warrants, trading under SBEV-WT, are subject to delisting proceedings effective immediately, as per Section 1001 of the NYSE American Company Guide, due to their low trading price. The company has the option to appeal by July 30, 2025, but has indicated it will not pursue this course. Importantly, this action does not affect the listing or trading of Splash Beverage Group's common stock, which continues under the ticker SBEV, nor does it impact the company's operational or SEC reporting obligations. Should the warrants be delisted, they may transition to an over-the-counter market like the OTC Pink tier, pending a market maker's application and FINRA approval, though this is not assured. This scenario serves as a reminder of the hurdles companies may encounter in adhering to exchange listing standards and the repercussions for investors in warrants or analogous securities, emphasizing the need for vigilance in tracking securities' performance and exchange mandates.
Splash Beverage Group Warrants Face Delisting from NYSE American
TL;DR
Splash Beverage Group's delisting of warrants may offer investors a chance to reassess their strategy focusing on the company's common stock and beverage portfolio.
NYSE American delists Splash Beverage Group's warrants due to low trading price, a process following Section 1001 of the NYSE American Company Guide.
Splash Beverage Group continues to innovate in the beverage industry, ensuring a diverse portfolio that caters to global tastes and preferences.
Discover Splash Beverage Group's unique brands like Copa di Vino and Pulpoloco sangria, even as their warrants face delisting from NYSE American.
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