DelistingJun 25, 2026, 04:47 PM
Lanvin Group Warrants Delisted by NYSE Due to Low Price
AI Summary
The New York Stock Exchange (NYSE) has initiated proceedings to delist Lanvin Group Holdings Limited's warrants, trading under the ticker symbol "LANV-WT." This decision, communicated on June 24, 2026, is based on the warrants' "abnormally low selling price" as per NYSE rules, leading to an immediate suspension of trading. The NYSE will proceed with an application to the Securities and Exchange Commission for the formal delisting of the warrants. Importantly, this action does not impact the Company's ordinary shares, which will continue to trade on the NYSE under the ticker symbol "LANV."
Key Highlights
- NYSE notified Lanvin Group on June 24, 2026, of delisting proceedings for its warrants.
- The delisting is due to "abnormally low selling price" under NYSE Listed Company Manual Section 802.01D.
- Trading in the Company's warrants (LANV-WT) on the NYSE was suspended immediately.
- The NYSE will apply to the SEC to delist the warrants.
- This action relates solely to the warrants and does not affect the listing or trading of the Company's ordinary shares (LANV).
Price Impact
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