Listing Alert
MIAX Options
November 28, 2016 | 04:51 PM
MIAX Corporate Action Alert: Cascadian Therapeutics, Inc. (CASC)
Cascadian Therapeutics, Inc. (CASC) has announced a 1-for-6 reverse stock split. The reverse stock split will become effective on Tuesday, November 29, 2016. On that date, the current CASC options class will change to CASC1. The MIAX Options Exchange will not list CASC1 options. Therefore, no options on CASC will be available for trading on the MIAX Options Exchange on Tuesday, November 29, 2016. The new CASC options series will resume trading on the MIAX Options Exchange on Wednesday, November 30, 2016.
All GTC orders resting on the MIAX order book in CASC will be canceled at the close of business on Monday, November 28, 2016.
Additional details about the Cascadian Therapeutics, Inc. (CASC) reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.