Affymax (AFFY) Falls Ahead of Imminent Delisting
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Affymax, Inc. (NASDAQ: AFFY) is seeing some mid-day pressure ahead of the pending delisting from the NASDAQ tomorrow, June 6. The company plans to list on the OTCBB.
Nasdaq notified the Company that it is operating as a "public shell" and has determined that, following the Company’s announcement regarding the voluntary recall of OMONTYS, the Company no longer has an operating business.
Shares of AFFY are down 3.2% mid-day.
Nasdaq notified the Company that it is operating as a "public shell" and has determined that, following the Company’s announcement regarding the voluntary recall of OMONTYS, the Company no longer has an operating business.
Shares of AFFY are down 3.2% mid-day.
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