Bankruptcy | EDGIO INC | 13th September 2024
On September 9, 2024, EDGIO INC announced it has commenced voluntary Chapter 11 reorganization proceedings in the U.S. Bankruptcy Court for the District of Delaware. EDGIO INC will be removed from the index effective September 13, 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 primary stock exchange or any alternative eligible exchange, then the removal price will be zero.
The treatment below will be applied to the following indices:
- EDGIO INC will be removed from the Index.
- The weight of EDGIO INC (EGIO.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
- Effective Date (open): 13/09/2024
Solactive US Extended Broad Market Index (GTR)