Spirit Realty Capital Mergers Prompt NYSE Delisting

Spirit Realty Capital (SRC) has released an update to notify the public and investors about listing compliance status.

On January 23, 2024, Spirit completed mergers resulting in the cancellation and conversion of Spirit Common and Series A Preferred Stock into Realty Income stock, with trading halted before market open. The NYSE proceeded to delist these stocks, leading Spirit to initiate the deregistration process and suspend its reporting obligations under the Exchange Act for these securities.

For further insights into SRC stock, check out TipRanks’ Stock Analysis page.