Listing Alert
MIAX Pearl
February 20, 2019 | 04:54 PM
MIAX Options and MIAX PEARL Corporate Action Alert: Apartment Investment and Management Company (AIV)
Apartment Investment and Management Company (AIV) has announced a reverse stock split effective for Thursday, February 21, 2019. On that date, the current AIV option class will change to AIV1. The MIAX Options and MIAX PEARL Exchanges will not list AIV1 options. Therefore, no options on AIV will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Thursday, February 21, 2019. Apartment Investment and Management Company (AIV) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Friday, February 22, 2019.
All GTC orders resting on the MIAX order books in AIV will be canceled at the close of business on Wednesday, February 20, 2019.
Additional details about the Apartment Investment and Management Company (AIV) 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.