The common stock of U.S. Concrete will be removed from the Nasdaq Stock Market beginning June 7. The Houston-based producer, which filed for Chapter 11 bankruptcy in April, filed a delisting notice with the U.S. Securities and Exchange Commission on May 28.
Nasdaq sent U.S. Concrete a deficiency notice on March 8, indicating the stock had closed under the minimum $1.00 per share required for continued listing on the market. U.S. Concrete has continued operating while in bankruptcy. Visit www.us-concrete.com.