Listing Alert

MIAX Pearl

June 03, 2022 | 04:08 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Falcon Minerals Corporation (FLMN) Reverse Split, Name and Symbol Change to Sitio Royalties Corporation (STR)

Falcon Minerals Corporation (FLMN) has announced a reverse split, and a name and symbol change effective for Monday, June 6, 2022. On this date, the current FLMN option class will change to STR1 and its name and symbol will change to Sitio Royalties Corporation (STR). The MIAX Options Exchange, MIAX PEARL Options Exchange, and MIAX Emerald Options Exchange will not list STR1 options. Therefore, no options on STR or STR1 will be available for trading on Monday, June 6, 2022. 

Sitio Royalties Corporation (STR) will resume trading on the MIAX Options Exchange, MIAX PEARL Options Exchange, and MIAX Emerald Options Exchange on Tuesday, June 7, 2022.

All GTC orders resting on the MIAX order books in FLMN will be canceled at the close of business on Friday, June 3, 2022.

NOTE: STR options will trade on Cloud 16 on the MIAX Options Exchange and on Cloud 8 on the MIAX PEARL Options Exchange and the MIAX Emerald Options Exchange.

Additional details about the Falcon Minerals Corporation (FLMN), reverse split, name and symbol change are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.