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Enzo Biochem Inc., a New York-based biotechnology company, has announced the voluntary delisting of its common stock from the New York Stock Exchange (NYSE). The company’s last trading day on the NYSE was Sunday, with the stock set to commence trading on the OTCQX market under the ticker symbol "ENZB" today, Monday.
The move to the OTCQX, a market for established, investor-focused U.S. and global companies, follows the company’s notification to the NYSE on March 28, 2025, of its intention to delist its common stock. The transition to the OTCQX is seen as a strategic step for Enzo Biochem, which specializes in the development of products in the biomedical and diagnostic sectors.
This change in trading platforms is expected to provide the company with a more suitable environment for its shares to be traded, given its current business status and market capitalization. The OTCQX market is recognized for having rigorous financial standards and providing investors with transparent trading, efficient access to company information, and high-quality disclosure.
Patricia Eckert, the Chief Financial Officer of Enzo Biochem, signed off on the 8-K filing, confirming the details of the transition. The company’s decision to shift markets is part of its broader strategic efforts to align its financial and business practices with its long-term operational goals.
Investors and stakeholders of Enzo Biochem can anticipate the company’s common stock to trade on the OTCQX starting from today, with the firm continuing its endeavors in the biological products sector. This move is based on factual statements from an SEC filing, providing investors with the latest developments regarding the company’s stock listing.
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