Reorganized Accuride Shares Commence Trading on OTCBB - aftermarketNews

Reorganized Accuride Shares Commence Trading on OTCBB

All shares of new common stock will trade under the symbol "ACUZ."

EVANSVILLE, Ind. — Post-bankruptcy, Accuride’s new common stock has begun trading on the Over-the-Counter Bulletin Board (OTCBB) under the symbol “ACUZ."

Prior to the effective date of its plan of reorganization, shares of Accuride traded were traded on the OTCBB as “AURDQ.” Following its emergence from Chapter 11, Accuride’s then-outstanding common stock was cancelled, and Accuride issued new shares of common stock as provided in its plan of reorganization. All shares of new common stock will trade under the symbol “ACUZ.”

On Oct. 8, 2009, Accuride’s U.S. entities filed a voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code in the District of Delaware. On Feb. 26, the company emerged from Chapter 11 with a new capital structure.

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