Peace Arch stock to be delisted
Canadian firm failed to finalize past earnings restatementTORONTO -- Canadian indie producer Peace Arch Entertainment is to see pink after its stock is delisted from the NYSE AMEX exchange at the end of September.
Toronto-based Peace Arch said it has received notice from NYSE Amex LLC that its common shares will be delisted on September 30, and will not appeal the determination.
The delisting comes as Peace Arch has failed to finalize a restatement of past earnings to allow the delayed release of financial statements.
Peace Arch said its common shares will likely be traded on the Pink Sheets after the AMEX delisting.