Houston energy co. won’t appeal Nasdaq delisting

Houston-based Alta Mesa Resources Inc. (Nasdaq: AMR), which filed for Chapter 11 bankruptcy protection on Sept. 11, will soon be delisted from the Nasdaq Stock Market.

The Nasdaq informed Alta Mesa on Sept. 13 that it will be delisted because of the Chapter 11 filing and associated concerns, according to a Sept. 17 press release. Given the pending Chapter 11 cases and the Nasdaq’s continued listing requirements, Alta Mesa does not plan to appeal the decision.

Trading of Alta Mesa’s common stock…

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