Listing Alert
MIAX Emerald
August 25, 2021 | 03:50 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Portman Ridge Finance Corporation (PTMN)
Portman Ridge Finance Corporation (PTMN) has announced a reverse stock split effective for Thursday, August 26, 2021. On that date, the current PTMN option class will change to PTMN1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list PTMN1 options. Therefore, no options on PTMN will be available for trading on Thursday, August 26, 2021.
Portman Ridge Finance Corporation (PTMN) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Friday, August 27, 2021.
All GTC orders resting on the MIAX order books in PTMN will be canceled at the close of business on Wednesday, August 25, 2021.
Additional details about the Portman Ridge Finance Corporation (PTMN) 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.