General Motors shares will begin trading on the Pink Sheets tomorrow morning, says Cromwell Coulson, CEO Pink OTC Markets Inc., which operates the electronic over-the-counter market. A new ticker symbol will be issued this evening by the Financial Industry Regulatory Authority, known as Finra, Coulson said.
At first GM shares will trade on the Pink Sheets “Current Information” category for companies that are current with SEC filings. Coulson said he expects that GM will eventually moved to the “Limited Information” category, which is designed for companies with financial reporting problems, economic issues or are in bankruptcy.
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