China GengSheng Minerals, Inc. (NYSE MKT: CHGS), a China-based high-tech industrial materials manufacturer producing heat-resistant, energy-efficient materials for a variety of industrial applications, today announced it received a letter from NYSE MKT LLC (“NYSE MKT” or the “Exchange”) on May 19, 2014 notifying the Company that it is not in compliance with Sections 134 and 1101 of the Exchange’s Company Guide (the “Company Guide”) because the Company has yet to file its Form 10-Q for the quarter ended March 31, 2014. As previously disclosed the Company is in the process of voluntarily delisting its common stock from the Exchange and expects to file the Form 25 with the SEC on May 27, 2014. Accordingly, the Exchange expects to remove the Company’s common stock from listing prior to market open on June 9, 2014. The NYSE MKT halted trading in the Company’s common stock on May 19, 2014. Source: Filing
Delisting
