What will happen to share pric

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Maheswar
2023-05-02

What will happen to share price? Will the share holder get any return back?

NYSE to Suspend Trading Immediately in First Republic Bank and Commence Delisting Proceedings

The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regula

NYSE to Suspend Trading Immediately in First Republic Bank and Commence Delisting Proceedings

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Will the share holder get any return back?","highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9947630767","repostId":1117705732,"repostType":2,"repost":{"id":"1117705732","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1683032808,"share":"https://www.laohu8.com/m/news/1117705732?lang=&edition=full","pubTime":"2023-05-02 21:06","market":"us","language":"en","title":"NYSE to Suspend Trading Immediately in First Republic Bank and Commence Delisting Proceedings","url":"https://stock-news.laohu8.com/highlight/detail?id=1117705732","media":"Tiger Newspress","summary":"The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regula","content":"<html><head></head><body><p>The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the eight securities enumerated below (“Securities”) of First Republic Bank (the “Company”) from the NYSE. 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The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NYSE to Suspend Trading Immediately in First Republic Bank and Commence Delisting Proceedings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNYSE to Suspend Trading Immediately in First Republic Bank and Commence Delisting Proceedings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-05-02 21:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the eight securities enumerated below (“Securities”) of First Republic Bank (the “Company”) from the NYSE. Trading in the Company’s Securities will be suspended immediately.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/898b2e2c53ed7a55611523087495d772\" tg-width=\"783\" tg-height=\"364\"/></p><p>NYSE Regulation determined that these Securities are no longer suitable for listing pursuant to Section 802.01D of the NYSE Listed Company Manual in light of the May 1, 2023 Federal Deposit Insurance Company (FDIC) news announcement that First Republic Bank, San Francisco, California was closed on May 1, 2023 by the California Department of Financial Protection and Innovation, which appointed the FDIC as receiver, and JP Morgan Chase Bank agreed to acquire all of its deposits and substantially all of its assets. In making its determination, NYSE Regulation considered the substantial reduction in the scope of the Company’s operations as a result of this transaction and the effect on the Company’s equity holders.</p><p style=\"text-align: start;\">The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision. The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FRCB":"第一共和银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117705732","content_text":"The New York Stock Exchange LLC (“NYSE” or “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the eight securities enumerated below (“Securities”) of First Republic Bank (the “Company”) from the NYSE. Trading in the Company’s Securities will be suspended immediately.NYSE Regulation determined that these Securities are no longer suitable for listing pursuant to Section 802.01D of the NYSE Listed Company Manual in light of the May 1, 2023 Federal Deposit Insurance Company (FDIC) news announcement that First Republic Bank, San Francisco, California was closed on May 1, 2023 by the California Department of Financial Protection and Innovation, which appointed the FDIC as receiver, and JP Morgan Chase Bank agreed to acquire all of its deposits and substantially all of its assets. In making its determination, NYSE Regulation considered the substantial reduction in the scope of the Company’s operations as a result of this transaction and the effect on the Company’s equity holders.The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the Securities and Exchange Commission to delist the Company’s Securities upon completion of all applicable procedures, including any appeal by the Company of the NYSE Regulation staff’s decision. The NYSE noted that it may, at any time, suspend a security if it believes that continued dealings in the security on the NYSE are not advisable.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":62,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}