Stein Mart, Inc. Voluntarily Files Chapter 11 Bankruptcy
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Stein Mart (SMRT) does not plan to appeal Nasdaq staff's determination to delist Company's common stock
August 14, 2020 6:18 AM EDTOn August 13, 2020, Stein Mart, Inc. (NASDAQ: SMRT) received notice from the Listing Qualifications staff of The Nasdaq Stock Market (Nasdaq) stating that the Nasdaq staff has determined that the Companys common stock will be delisted from the Nasdaq. The Nasdaq staff reached its decision under Nasdaq Listing Rules 5101, 5110(b), and IM-5101-1 following the Companys announcement that it filed a voluntary petition under Chapter 11 in the United States Bankruptcy Court for the Middle District of Florida Jacksonville Division on... More
