Voyager Digital to delist its shares from TSX
Voyager Digital Ltd announces that it has given notice to the Toronto Stock Exchange (TSX) that the company will voluntarily delist its common shares from the TSX.
This action is being taken by the company in response to the TSX notifying Voyager Digital that the TSX would be conducting a review of the eligibility for continued listing on TSX of the Company’s common shares as a result of the Company and its main operating subsidiaries filing voluntary petitions for reorganization under Chapter 11 in the U.S. Bankruptcy Court of the Southern District of New York.
Due to this review, trading in Voyager shares has been suspended by the TSX. Voyager has also been notified that, due to its bankruptcy filing, the company no longer qualifies for the OTCQX International. Due to the TSX trading halt and delisting review, shares are also halted on the OTC.
The Company plans to apply to the Canadian Securities Exchange (CSE) to transition the trading of its common shares from the TSX to the CSE. While the Company expects that trading in its shares will transition from the TSX to the CSE, there is no guarantee that the CSE will approve the trading in the company’s shares or that such transition will occur.