Psychemedics Approves Plan To Terminate Registration Of Its Common Stock
Portfolio Pulse from Benzinga Newsdesk
Psychemedics has approved a plan to terminate the registration of its common stock.
August 12, 2024 | 8:13 pm
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Psychemedics has approved a plan to terminate the registration of its common stock, which could lead to decreased liquidity and potential delisting from major exchanges.
Terminating the registration of common stock typically results in decreased liquidity and can lead to delisting from major exchanges, which is generally viewed negatively by investors.
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