Bankruptcy | SIENTRA INC | 16th February 2024
On February 12, 2024, SIENTRA INC filed for Chapter 11 Bankruptcy protection. SIENTRA INC will be removed from the index effective February 16, 2024 based on its last close price. Please note, the final removal price will depend on the stock trading status. If it is not trading on the stock exchange or any alternative eligible exchange, then the removal price will be zero.
The treatment below will be applied to the following indices:
- SIENTRA INC will be removed from the Index.
- The weight of SIENTRA INC (SIEN.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 16/02/2024
Solactive US Extended Broad Market Index (GTR)