Audacy’s appeal of the New York Stock Exchange’s move to delist its Class A Common Stock was not successful. The NYSE goes ahead with its delisting procedure that will become effective on or around November 10. Audacy’s Common Stock will continue to trade over the counter under the symbol
“AUDA.” Audacy says, “The NYSE’s determination has no impact on Audacy’s business strategy or operations. Audacy continues to focus on growing and enhancing its capabilities as a leading, multi-platform audio content and entertainment company, and continues to engage in discussions with its lenders to deleverage its balance sheet and improve its capital structure to position Audacy for long-term growth.”
