11/25/2024 | Press release | Distributed by Public on 11/25/2024 15:41
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On November 25, 2024, Shimmick Corporation (the "Company") received notification that its voluntary application to transfer the listing of its Common Stock, par value $0.01 per share (the "Common Stock"), from The Nasdaq Global Market (the "Global Market") to The Nasdaq Capital Market (the "Capital Market") had been approved by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"). The Common Stock will begin trading on the Capital Market at the opening of trading on November 27, 2024.
The Capital Market is one of the three market tiers for Nasdaq-listed stock and is a continuous trading market that operates in substantially the same manner as the Global Market. The Common Stock will continue to trade under the symbol "SHIM" and the Company does not expect the transfer to the Capital Market to have any material impact on the trading of its Common Stock.