MCZ Mad Catz Interactive Inc (MCZ)

[DFRANK1970]

Hmmmmmmmm?

NYSE MKT LLC announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Mad Catz Interactive, Inc. (the “Company”) — ticker symbol MCZ — from the Exchange. Trading in the Company’s common stock on the NYSE MKT will be suspended immediately.

NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1003 of the NYSE MKT Company Guide, due to the abnormally low trading price of its common stock.

The Company has a right to a review of staff’s determination to delist the common stock by a committee of the Board of Directors of the Exchange. The NYSE MKT will apply to the Securities and Exchange Commission to delist the Company’s common stock upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision.

https://www.streetinsider.com/Corporate+News/NYSE+to+Suspend+Trading+in+Mad+Catz+(MCZ)+and+Commence+Delisting+Proceedings/12696394.html