Safeguard Scientific Says The Company Is Exploring Delisting From Nasdaq And Becoming A Non-Reporting Company, Which Would Be Subject To Shareholder Approval
Portfolio Pulse from Benzinga Newsdesk
Safeguard Scientifics, Inc. is considering delisting from Nasdaq and becoming a non-reporting company, subject to shareholder approval.
August 10, 2023 | 9:19 pm
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Safeguard Scientifics, Inc. (SFE) is considering delisting from Nasdaq, which could impact its stock price and visibility in the market.
Delisting from a major exchange like Nasdaq can lead to decreased visibility and liquidity for a company's stock, which can negatively impact its price. However, the final decision is subject to shareholder approval.
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