Lazydays Holdings, Inc. intends to delist its common stock from the Nasdaq Capital Market.
The company said the delisting will become effective on or about Nov. 28. Lazydays said the company would stop trading on the Nasdaq after the company completed requisite notifications to Nasdaq and the Securities and Exchange Commission.
In September, Campers Inn revealed it would substantially buy all of Lazydays’ assets. The sale is expected to close between Nov. 17 and Nov. 26.
After the completion of the asset sale, Lazydays and its subsidiaries expect to wind down operations and dissolve.
Lazydays said it determined that the delisting is in the company’s best interests. Lazydays said the decision to delist was reached after consideration of numerous matters.
Lazydays said it intends to file a form with the SEC approximately Nov. 17 to provide stockholders with advance notice.
