Whiting USA Trust II Announces Commencement of Trading on OTC Pink
January 06 2016 - 2:46PM
Business Wire
Whiting USA Trust II (OTC Symbol – WHZT) announced that
effective January 7, 2016 the Trust’s units will be traded under
the ticker symbol “WHZT” on the OTC Pink, which is operated by OTC
Markets Group. There is no assurance that an active market in the
Trust units will develop on OTC Pink. As previously announced, the
Trust did not satisfy the continued listing standards of New York
Stock Exchange (the “NYSE”), which requires that the average
closing price of the Trust units cannot be less than $1.00 per unit
over a period of 30 consecutive trading days, and the Trust units
were subsequently delisted from the NYSE.
This press release contains forward-looking statements,
including all statements made in this press release other than
statements of historical fact. No assurances can be given that such
statements will prove to be correct. Whether a market in the Trust
units develops is affected by factors outside of the control of the
Trust or Whiting, including actions of market participants, among
others. Statements made in this press release are qualified by the
cautionary statements made in this press release. The Trustee does
not intend, and assumes no obligation, to update any of the
statements included in this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20160106006633/en/
Whiting USA Trust IIThe Bank of New York Mellon Trust
Company, N.A., as TrusteeMike Ulrich,
512-236-6599http://WhitingWHZ.investorhq.businesswire.com/
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