Pgiam
- IronNet (NYSE:IRNT) shares fell ~7% Monday post-market after the company said that it intends to voluntarily delist from NYSE.
- The move comes after the stock exchange sent a noncompliance notice to the cybersecurity company. IronNet is in noncompliance as a result of its failure to timely file its quarterly report.
- The company has been evaluating its options, and the board approved a delisting from the stock exchange.
- The delisting of securities will become effective on or about Aug. 6.
- The company's shares are expected to trade on over-the-counter markets.
- Source: Press Release