Listing Alert

MIAX Options

December 16, 2024 | 10:19 AM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Pioneer Power Solutions, Inc. (PPSI)

Pioneer Power Solutions, Inc. (PPSI) has announced a Special Cash Dividend effective for Tuesday, December 17, 2024. On that date, the current PPSI option class will change to PPSI1. The MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange will not list PPSI1 options. Therefore, no options on PPSI will be available for trading on Tuesday, December 17, 2024. 

Pioneer Power Solutions, Inc. (PPSI) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, December 18, 2024.

All GTC orders resting on the MIAX order books in PPSI will be canceled at the close of business on Monday, December 16, 2024.

Additional details about the Pioneer Power Solutions, Inc. (PPSI) dividend are provided in the attached OCC Memo.

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