Listing Alert
MIAX Pearl
May 13, 2020 | 03:32 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: PDL BioPharma, Inc. (PDLI)
PDL BioPharma, Inc. (PDLI) has announced a distribution effective for Thursday, May 14, 2020. On that date, the current PDLI option class will change to PDLI1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list PDLI1 options. Therefore, no options on PDLI will be available for trading on Thursday, May 14, 2020.
PDL BioPharma, Inc. (PDLI) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Friday, May 15, 2020.
All GTC orders resting on the MIAX order books in PDLI will be canceled at the close of business on Wednesday, May 13, 2020.
Additional details about the PDL BioPharma, Inc. (PDLI) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.