Halcón Announces Suspension of Trading and Commencement of NYSE Delisting Procedures
23 July 2019 - 10:00PM
Halcón Resources, Inc. (“Halcón” or the “Company”) today announced
that it was notified by the New York Stock Exchange (“NYSE”) that
due to “abnormally low” trading price levels, pursuant to
Section 802.01D of the NYSE Listed Company Manual, the NYSE
has determined to commence delisting proceedings to delist its
common stock and warrants exercisable for common stock.
Trading in the Company’s securities was suspended on July 22,
2019.
The NYSE will apply to the Securities and
Exchange Commission to delist the common stock upon completion of
all applicable procedures.
The Company anticipates that effective July 23,
2019, the common stock and warrants of the Company will commence
trading on the OTC Pink marketplace under the symbols “HKRS” and
“HKRSW”, respectively.
About Halcón
Resources
Halcón Resources Corporation is an independent
energy company engaged in the acquisition, production, exploration
and development of onshore oil and natural gas properties in the
United States.
Contact: Quentin Hicks EVP, CFO & Treasurer
Halcón Resources (303) 802-5541
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