On December 15, 2023, Minerva Surgical, Inc. Notified The Nasdaq Of Its Intent To File A Form 25 With The Sec On Or About December 26, 2023 To Effect The Voluntary Delisting Of The Company's Common Stock From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Minerva Surgical, Inc. has notified Nasdaq of its intention to voluntarily delist its common stock. The company plans to file a Form 25 with the SEC around December 26, 2023, to proceed with the delisting process.
December 15, 2023 | 9:28 pm
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Minerva Surgical, Inc., trading under the symbol UTRS, has announced its plan to voluntarily delist from Nasdaq, which will likely lead to decreased liquidity and visibility of its stock in the short term.
The voluntary delisting of a company's stock typically results in reduced liquidity and investor interest, as the stock will no longer be traded on a major exchange. This can lead to a decrease in stock price due to the potential perception of financial instability or other negative implications associated with delisting.
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