- MorphoSys (NASDAQ:MOR) on Friday said that it had formally notified the Nasdaq of its intention to voluntarily delist its American Depositary Shares.
- The company expects that the last trading day on Nasdaq will be on or about August 2, 2024.
- Following the delisting, any trading in MorphoSys’ ADSs would occur only in privately negotiated sales and potentially on an over-the-counter market if a broker makes a market in the ADSs.
- In addition, Novartis has informed MorphoSys of its intention to merge MorphoSys into Novartis.
- Press release.
2024-07-12