- Glori Energy (OTC:GLRI) tells Nasdaq that it will voluntarily withdraw its common stock from listing and terminate the registration of common stock, choosing instead to be traded on an OTC system.
- GLRI cites the expenses and uncertainty associated with seeking to regain compliance with Nasdaq listing rules while raising capital.
- GLRI says it is in talks for a modest capital raise, and is evaluating financing options to execute the development of the first Phoenix project.
Glori Energy to delist from Nasdaq
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About GLRI Stock
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Symbol | Last Price | % Chg |
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GLRI | - | - |
Glori Energy Inc. |