DelistingAug 7, 2026, 06:26 AM
Birks Group to delist from NYSE American, move to OTCQB
AI Summary
Birks Group Inc. announced its intention to voluntarily delist its Class A voting shares from the NYSE American LLC. This decision follows the company's non-compliance with NYSE American's continued listing standards. The company has been approved to trade its shares on the OTCQB Venture Market, providing an alternative trading platform for shareholders. Birks Group plans to file a Form 25 with the SEC on August 17, 2026, with the last day of trading on NYSE American expected around August 27, 2026. The company will continue to file with the SEC and provide semiannual financial information.
Key Highlights
- Birks Group intends to voluntarily delist its Class A voting shares from NYSE American LLC.
- The company has been approved to trade its Class A voting shares on the OTCQB Venture Market.
- Delisting is due to non-compliance with NYSE American listing standards Sections 1003(a)(i) and (ii).
- Company believes voluntary delisting is in its best interests.
- Form 25 to be filed with the SEC on August 17, 2026.
- Last day of trading on NYSE American expected on or about August 27, 2026.
- Birks Group intends to continue filing with the SEC and provide semiannual financial information.
Price Impact
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