SUP Moves from NYSE to OTC Pink, Section 12(b) Deregistration Set
Rhea-AI Filing Summary
Superior Industries International, Inc. disclosed that its common stock has been removed from the New York Stock Exchange and has begun trading on the OTC Pink market under the symbol SSUP. The company notes that the NYSE's filing initiating the delisting became effective ten days after that filing, and that deregistration of the Company's Section 12(b) listing will occur 90 days after the Form 25 was filed, subject to SEC determination. This means the company is no longer listed on a national securities exchange and its shares now trade on an over-the-counter market under a new trading symbol.
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Insights
TL;DR: The company moved from NYSE to OTC Pink and will be deregistered under Section 12(b); this changes public reporting and listing status.
The filing reports a formal delisting from the New York Stock Exchange with the related Form 25 process completed and a 90-day window for deregistration under Section 12(b). Moving to OTC Pink typically reflects a change in the companys exchange listing tier and may affect liquidity and visibility, since OTC Pink is an over-the-counter quotation venue rather than a national exchange. The disclosure is procedural and limited to listing status; no financial results, governance changes, or transaction details are provided in this notice.
TL;DR: Trading shifted to OTC Pink under symbol SSUP; deregistration timing is specified but no financial impact data is provided.
The company announced that its common stock now trades on the OTC Pink market under the symbol SSUP and that the delisting process via the NYSE's Form 25 concluded with the delisting becoming effective ten days after filing. The document also states that deregistration under Section 12(b) will be effective 90 days after the Form 25 filing, subject to the SECs determination. The release contains no earnings, liquidity metrics, or management commentary, so material financial implications are not described in this filing.