Listing Alert
MIAX Pearl
June 12, 2024 | 12:33 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Alibaba Group Holding Limited (BABA)
Alibaba Group Holding Limited (BABA) has announced a reverse stock split effective for Thursday, June 13, 2024. On that date, the current BABA option class will change to BABA1. The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list BABA1 options. Therefore, no options on BABA will be available for trading on Thursday, June 13, 2024.
Alibaba Group Holding Limited (BABA) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Friday, June 14, 2024.
All GTC orders resting on the MIAX order books in BABA will be canceled at the close of business on Wednesday, June 12, 2024.
Additional details about the Alibaba Group Holding Limited (BABA) reverse split are provided in the attached OCC Memo.
Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.