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Thursday, September 12, 2019

Equity Corporate Actions Alert #2019 - 184
(UPDATED) Information Regarding the Pre-Dissolution Liquidating Distribution for Altaba Inc. (AABA)

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  • Industry Announcement

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On September 6, 2019, Altaba Inc. (AABA) announced a ‘Pre-Dissolution Liquidating Distribution’ of $51.50 per share further to the previously announced Plan of Complete Liquidation and Dissolution. On September 23, 2019, the company announced that it plans to file a Certificate of Dissolution on October 4, 2019. Trading will be halted following the 4 p.m. close on October 2, 2019 in anticipation of the filing of the certificate of dissolution on October 4, 2019. Upon confirmation of the filing the certificate of dissolution, the shares of Altaba Inc. will be suspended from listing on the Nasdaq Stock Market. The details are as follows:

Company/Parent: Altaba Inc.
Issue: Common stock
CUSIP: 021346101
Symbol: AABA
Record Date: September 16, 2019
Payment Date: September 23, 2019
EX Date: September 24, 2019
Due Bill Redemption Date: September 25, 2019
Anticipated Last Trading Date: October 2, 2019
Anticipated Date of Suspension: October 7, 2019

For information regarding this announcement, contact Nasdaq Corporate Data Operations at +1 877 308 0523.

If you would like to register as a market maker in AABA contact Nasdaq Trading Services at +1 212 231 5100.

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