NewLead has today been formally removed from the exchange because it did not meet listing requirements, an SEC filing said.
The delisting – which a NewLead spokesperson characterized as “voluntary” – will take effect from 22 September.
A dispute with US hedge fund Ironridge Global has been seen by the company as the main reason for its share price drop.
However, a June court ruling said Ironridge had nothing to do with share declines.
Rumours
