Blue Capital Reinsurance Holdings has filed a Form 15 with the US Securities and Exchange Commission (SEC) to deregister its common stock and suspend its reporting obligations under the Securities Exchange Act of 1934.
It means Blue Capital is no longer required to file quarterly or annual reports, among other reporting obligations, under the Exchange Act.
Blue Capital had already filed the paperwork to delist its common shares from the New York Stock Exchange on March 19, with its last trading day for its common shares on the NYSE on March 30. It will withdraw its listing with the Bermuda Stock Exchange prior to July 31, 2020.
Blue Capital expects its common shares to continue to be quoted on the OTC Pink Open Market, a centralised electronic quotation service operated by the OTC Markets for over-the-counter securities. However, it is not in a position to guarantee that.
It said it will post important notices and proxy materials on its website, primarily related to its liquidation process and remaining cash resources, although here again, it said it could make no assurances.
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