Listing Alert
MIAX Options
December 16, 2016 | 03:27 PM
MIAX Corporate Action Alert: Novelion Therapeutics Inc. (NVLN)
Novelion Therapeutics Inc. (NVLN) has announced a 1-for-5 reverse stock split. The reverse stock split will become effective on Monday, December 19, 2016. On that date, the current NVLN options class will change to NVLN3. The MIAX Options Exchange will not list NVLN3 options. Therefore, no options on NVLN will be available for trading on the MIAX Options Exchange on Monday, December 19, 2016. The new NVLN option series will resume trading on the MIAX Options Exchange on Tuesday, December 20, 2016.
All GTC orders resting on the MIAX order book in NVLN will be canceled at the close of business on Friday, December 16, 2016.
Additional details about the Novelion Therapeutics Inc. (NVLN) 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.