Viveon Health Acquisition Reveals Receipt Of Commencement Of Delisting Notice From NYSE
Portfolio Pulse from Benzinga Newsdesk
Viveon Health Acquisition has received a notice from the NYSE about the commencement of delisting procedures. The company plans to request a review of this determination. Currently, trading of the company's securities has not been suspended and will continue.

December 27, 2023 | 10:30 pm
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Viveon Health Acquisition Corp. (VHAQ) has been notified by the NYSE of delisting proceedings, but intends to appeal. Trading of VHAQ shares remains active.
The receipt of a delisting notice is typically seen as a negative event for a company and can lead to a decrease in investor confidence and share price. However, since the securities have not been suspended, the immediate impact may be mitigated. The company's intention to request a review could provide some hope to investors, but the uncertainty surrounding the appeal process and the potential for delisting is likely to have a negative short-term impact on the stock.
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