I haven't been following the stock, so I don't know. But yes, GPOR will trade on the NYSE:
NYSE - New Security Notification for Symbol GPOR 05:13 PM, 17 MAY 2021 MARKET: NYSE SERVICE: TRADING
NYSE has determined that the Common Shares issued by Gulfport Energy Corporation is part of a new security offering that will trade under the ticker GPOR with CUSIP 402635502 on May 18, 2021. As this new offering has not previously traded on any listing market and has no prior day's closing price, Regulation SHO Rule 201 will not apply to security GPOR until its second day of trading on NYSE. Further, NYSE Rule 123D(d) will apply and the security will be in a regulatory halt until the NYSE has opened trading.
Note that the stock doesn't seem to be trading yet. Also, by the terms of the bk restructuring, its stock will be a new issuance. The company put out a press release:
It also filed an 8-K yesterday, in which it explained who gets new stock in the company. I believe common shareholders are Class 8:
-- all Existing Equity Interests (Class 8) in the Predecessor were cancelled on the Effective Date;
But this is the part I don't understand:
On the Effective Date, all of the Existing Equity Interests and all of the Unsecured Notes were cancelled, and, in respect of the cancellation of such indebtedness and pursuant to the Plan and related documentation, (i) 19,726,101 shares of Common Stock representing all of the Common Stock issued and outstanding were issued to the holders of Allowed General Unsecured Claims against the Predecessor and its subsidiaries and Allowed Notes Claims against the Predecessor and its subsidiaries...
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