DelistingAug 13, 2026, 04:30 PM
BlackSky Warrants to be Delisted by NYSE, Trading Suspended
AI Summary
BlackSky Technology Inc. announced that the New York Stock Exchange (NYSE) will delist its warrants and has immediately suspended trading of these warrants. The NYSE cited "abnormally low selling price" levels as the reason for this action, pursuant to Section 802.01D of its Listed Company Manual. The warrants, which are exercisable at $92.00 per share, are scheduled to expire in September 2026. The company's common stock will continue to trade on the NYSE under the symbol "BKSY" without interruption.
Key Highlights
- NYSE to delist BlackSky Technology Inc.'s warrants.
- Trading of warrants immediately suspended by NYSE.
- Delisting and suspension due to "abnormally low selling price" levels.
- Warrants are exercisable for Class A common stock at $92.00 per share.
- Warrants are set to expire in September 2026.
- Company's common stock (BKSY) trading remains unaffected on the NYSE.
Price Impact
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