NEWS
ATI Physical Therapy Receives Delisting Notice From the New York Stock Exchange
ATI Physical Therapy (NYSE: ATIP) announced that its Class A common stock will be delisted from the New York Stock Exchange after market close on December 3, 2024, due to failing to maintain the required $15 million average global market capitalization over 30 consecutive trading days. The company's stock will transition to trading on the OTC Pink® Market.
ATI is currently in discussions for interim financing to provide liquidity opportunities for stockholders. The company states this transition won't affect its business operations, partner relationships, employees, or SEC reporting obligations. Management expressed confidence in their strategic plan and ongoing investments in people and patient experiences.
ATI is currently in discussions for interim financing to provide liquidity opportunities for stockholders. The company states this transition won't affect its business operations, partner relationships, employees, or SEC reporting obligations. Management expressed confidence in their strategic plan and ongoing investments in people and patient experiences.
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