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Quotes & Info
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| HKN > SEC Filings for HKN > Form 8-K on 26-Oct-2012 | All Recent SEC Filings |
26-Oct-2012
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfe
On October 24, 2012, our board of directors approved moving the listing of our stock from the NYSE MKT to the OTC Markets' OTCQB marketplace. The decision was prompted by the expressed concern of the NYSE MKT that the proposed 1-for 40 reverse split of our common stock, anticipated to become effective on October 30, 2012, would result in our failing to meet the public float requirement for continued listing of our common stock on the NYSE MKT.
On October 26, 2012, we issued a press release announcing the move to the OTCQB and that our common stock would commence trading on the OTCQB on or about October 31, 2012.
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