NYSE delists Lion Electric warrants due to low prices, while the company faces financial struggles.

The New York Stock Exchange (NYSE) is delisting certain warrants of Lion Electric, a Quebec-based electric vehicle manufacturer, due to their abnormally low prices. Trading in these warrants, expiring May 6, 2026, has been suspended, while the company’s common shares and other warrants will continue trading. Lion Electric is considering a review of this decision and is facing financial difficulties, including significant losses and workforce reductions.

November 20, 2024
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