NYSE to Commence Delisting Proceeding Against Rigel Resource Acquisition Corp (RRAC)
Portfolio Pulse from
The NYSE has announced the commencement of delisting proceedings against Rigel Resource Acquisition Corp (RRAC), resulting in the immediate suspension of trading for its securities.

November 05, 2024 | 12:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The NYSE has initiated delisting proceedings against Rigel Resource Acquisition Corp, leading to an immediate suspension of trading for its securities.
The delisting proceedings and immediate suspension of trading are significant negative events for RRAC, likely leading to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100