Y2kTheNewOldies
Walk of Fame Participant
https://news.radio-online.com/cgi-bin/rol.exe/headline_id=n37074
Iheart will return as a Publically traded company.
HeartMedia today announced that its Class A common stock has been approved for listing on the NASDAQ Global Select Market. Upon listing, iHeartMedia's Class A common stock will trade under the ticker "IHRT."
As previously announced, iHeart had been evaluating all paths to achieve a listing of its Class A common stock on a recognized U.S. stock exchange following emergence from its restructuring process. iHeartMedia has determined that a listing on the NASDAQ Global Select Market is the optimal strategy for iHeartMedia and all of the company's stakeholders.
As a result, the Company has requested the withdrawal of its previously filed registration statement on Form S-1 with the U.S. Securities and Exchange Commission. iHeartMedia's management team will be meeting with investors the week of July 15 in advance of a listing date of July 18.
Iheart will return as a Publically traded company.