Listing Alert
MIAX Pearl
August 13, 2020 | 05:24 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Intrepid Potash, Inc. (IPI)
Intrepid Potash, Inc. (IPI) has announced a reverse stock split effective for Friday, August 14, 2020. On that date, the current IPI option class will change to IPI1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list IPI1 options. Therefore, no options on IPI will be available for trading on Friday, August 14, 2020.
Intrepid Potash, Inc. (IPI) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Monday, August 17, 2020.
All GTC orders resting on the MIAX order books in IPI will be canceled at the close of business on Thursday, August 13, 2020.
Additional details about the Intrepid Potash, Inc. (IPI) 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.