Listing Alert

MIAX Pearl

March 07, 2023 | 03:26 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Shift Technologies, Inc. (SFT)

Shift Technologies, Inc. (SFT) has announced a reverse split effective for Wednesday, March 8, 2023. On that date, the current SFT option class will change to SFT2. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list SFT2 options. Therefore, no options on SFT will be available for trading on Wednesday, March 8, 2023. 

Shift Technologies, Inc. (SFT) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Thursday, March 9, 2023.

All GTC orders resting on the MIAX order books in SFT will be canceled at the close of business on Tuesday, March 7, 2023.

Additional details about the Shift Technologies, Inc. (SFT) split are provided in the attached OCC Memo.

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