Finance & Investing | General News | Capital Markets
Atlas Resource Partners Delisted from NYSE; Moves to OTCQX
Atlas Resource Partners, L.P. received notification that the NYSE has commenced proceedings to delist the Company's common units as a result of the Company's failure to comply with the continued listed standards. The NYSE suspended trading in the Company's common units, as well as in its two preferred unit issues listed on the NYSE, effective immediately.
The Company does not intend to appeal the delisting determination. The Company anticipates that its common units, Class D preferred units and Class E preferred units will begin trading on the OTCQX Best Market on Wednesday, July 13, 2016. The Company expects its OTCQX common unit ticker symbol to be "ARPJ," its Class D preferred unit ticker symbol to be "ARPJP" and its Class E preferred unit ticker symbol to be "ARPJN." The Company will remain subject to the public reporting requirements of the Securities and Exchange Commission following the transfers to the OTCQX.
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