Intermet Shares to be Delisted From Nasdaq - aftermarketNews

Intermet Shares to be Delisted From Nasdaq

Intermet Corp. announced that the Nasdaq will cease trading of the company's common stock effective with the opening of business on Tuesday, Oct. 12.

TROY, MI — Intermet Corp. announced that the Nasdaq will cease trading of the company’s common stock effective with the opening of business on Tuesday, Oct. 12.

Intermet received a written notice on Oct. 1, from the Nasdaq Listing Qualifications Department stating that the company’s common stock was being delisted from The Nasdaq Stock Market pursuant to Marketplace Rule 4815(a). The delisting is based on Nasdaq’s determination that the company does not comply with the continued listing requirements under Marketplace Rules 4300 and 4450(f).

The company stated it anticipates that its common stock will continue to be quoted on the Pink Sheets Electronic Quotation Service following its delisting from Nasdaq. The company’s common stock may also become eligible for quotation on the OTC Bulletin Board if a market maker applies to register the stock in accordance with applicable SEC rules, and if the application is cleared, neither of which is assured.

For more information about Intermet, go to: www.intermet.com.

_______________________________________

Click here to view the rest of today’s headlines.

You May Also Like

Asahi Kasei Announces Future L-I Battery Separator Plant

The lithium-ion battery separator plant will be constructed in Port Colborne, in the Niagara region of Ontario, Canada.

Asahi-Kasei-Announces-Future-L-I-Battery-Separator-Plant

Asahi Kasei announced it will construct its previously announced integrated lithium-ion battery (LIB) separator plant in Port Colborne, which is in the Niagara region of Ontario, Canada. The new manufacturing facility will operate as Asahi Kasei Battery Separator Canada and is expected to create highly skilled, good-paying jobs in manufacturing and construction, according to the latest press information. The start of commercial production is currently slated for 2027.

ENNOVI Achieves EcoVadis Platinum Sustainability Rating

Earning the Platinum Medal for the fourth year ranks ENNOVI in the top 1% of companies for sustainability in 2023.

ENNOVI-Achieves-EcoVadis-Platinum-Sustainability-Rating
Rematec Updates Floor Plan for Amsterdam 2025

The event will highlight innovation and sustainability in the automotive aftermarket, focusing on connected vehicles and remanufacturing advancements.

Remantec-Amsterdam-education
NexaMotion Group Announces New Location in Florida

Through the new Tampa, FL, facility, Transtar will offer an extended product catalog for foreign and domestic applications.

NexaMotion-Group-Expands-Product-Offering-in-Texas
MEMA Aftermarket Suppliers Launches Council of Remanufacturing Excellence

CoRE brings together the expanded resources of MEMA Aftermarket Suppliers and two peer group councils: Remanufacturing Business Council and Remanufacturing Technology & Operations Council.

MEMA Aftermarket Suppliers Announces Reman Roadshow, Annual Conference

Other Posts

PRT Launches 59 New Complete Strut Assemblies

Extending PRT’s product portfolio in North America, the new release represents nearly 12M vehicles in new coverage.

PRT-Launches-59-New-Complete-Strut-Assemblies
SMP Releases 2023 Corporate Sustainability Report

The report provides insight into the company’s initiatives, future goals and achievements, Standard Motor Products said.

SMP-Releases-2023-Corporate-Sustainability-Report
Mullen Continues Commercial EV Dealer Expansion in Midwest

New franchise partners Ziegler Truck Group and Range Truck Group will focus on the Pacific Northwest and upper Midwest regions of the U.S.

Mullen-Continues-Commercial-EV-Dealer-Expansion-in-Midwest
Aftermarket Data Standards – Beyond ACES

To remain relevant and valuable, the industry standards will continue to evolve and grow. They will never be finished, Scott Luckett affirmed.

Aftermarket-Data-Standards-–-Beyond-ACES