Vapotherm Reports Suspension Of NYSE Listing; Common Stock Expected To Commence Trading On OTCQX
Portfolio Pulse from Benzinga Newsdesk
Vapotherm, Inc. has been suspended from trading on the NYSE due to its failure to maintain the required average global market capitalization of at least $15 million over a consecutive 30 trading day period. The company's common stock is expected to begin trading on the OTCQX market following the suspension.

December 14, 2023 | 11:31 pm
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Vapotherm's suspension from the NYSE and move to OTCQX could lead to decreased investor confidence and liquidity, potentially negatively impacting the stock price in the short term.
Being suspended from the NYSE typically results in a negative perception among investors, as it indicates financial instability or non-compliance with exchange regulations. This can lead to a decrease in investor confidence and a reduction in stock liquidity, as OTC markets are generally considered less prestigious and may attract fewer investors. Consequently, this could result in downward pressure on the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100