Nyse To Commence Delisting Proceedings Against Fusion Acquisition Corp. II
Portfolio Pulse from Benzinga Newsdesk
The New York Stock Exchange (NYSE) has announced that it will begin delisting proceedings against Fusion Acquisition Corp. II.
October 17, 2023 | 8:16 pm
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NEGATIVE IMPACT
Fusion Acquisition Corp. II, listed as FSNB, is facing delisting proceedings from the NYSE.
The announcement of delisting proceedings against Fusion Acquisition Corp. II by the NYSE is a significant negative event. Delisting often leads to a decrease in the liquidity of a stock, making it harder to buy or sell. This can lead to a decrease in the stock's price.
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