Listing Alert
MIAX Emerald
August 24, 2020 | 12:18 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Smith & Wesson Brands, Inc. (SWBI)
Smith & Wesson Brands, Inc. (SWBI) has announced a distribution effective for Tuesday, August 25, 2020. On that date, the current SWBI option class will change to SWBI1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list SWBI1 options. Therefore, no options on SWBI will be available for trading on Tuesday, August 25, 2020.
Smith & Wesson Brands, Inc. (SWBI) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Wednesday, August 26, 2020.
All GTC orders resting on the MIAX order books in SWBI will be canceled at the close of business on Monday, August 24, 2020.
Additional details about the Smith & Wesson Brands, Inc. (SWBI) distribution are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.