Brief: Tuesday Morning Announces Voluntary Delisting From The Nasdaq Capital Market

Tuesday Morning

23/12/2022 22:49

Dec 23 (Reuters) - Tuesday Morning Corp  TUEM.O :
    * TUESDAY MORNING ANNOUNCES VOLUNTARY DELISTING FROM THE
NASDAQ
CAPITAL MARKET
    * TUESDAY MORNING CORP - COMPANY EXPECTS DELISTING OF ITS
COMMON
STOCK TO BECOME EFFECTIVE ON OR ABOUT JANUARY 12, 2023
    * TUESDAY MORNING CORP - MADE DECISION TO DELIST AND
DEREGISTER
FOLLOWING CONSIDERATION OF CURRENT FINANCIAL SITUATION
    * TUESDAY MORNING CORP - COMPANY IS FACING NEAR-TERM CAPITAL
CONSTRAINTS AND IS ACTIVELY SEEKING TO RAISE ADDITIONAL CAPITAL
    * TUESDAY MORNING - FROM LOWER THAN FORECAST SALES, RAISED
INSURANCE COSTS, SEPARATION COSTS OF SENIOR EXECUTIVES, FACING
NEAR-TERM CAPITAL CONSTRAINTS
    * TUESDAY MORNING CORP - ANTICIPATES THAT ITS COMMON STOCK
WILL BE
QUOTED ON PINK SHEETS PLATFORM OR OTHER MARKET OPERATED BY OTC
MARKETS GROUP INC

Source text for Eikon:  ID:nGNXb4265N 
Further company coverage:  TUEM.O 
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