Skyline Corp., builder of manufactured housing, modular housing and park models, has announced its intent to transfer the trading of its common stock, $0.0277 par value per share, to the New York Stock Exchange (NYSE) from the NYSE American.
According to a press release, the transfer of the listing is being conducted in connection with the previously announced share contribution and exchange agreement dated as of Jan. 5 between Skyline and Champion Enterprises Holdings LLC.
As previously announced, on May 8 Skyline filed an application for the listing of its common stock on the NYSE. Pending approval of the application, Skyline anticipates that the common stock of Skyline Champion Corp. will begin trading on the NYSE under the trading symbol “SKY” upon the completion of the exchange, which is expected to occur in the first half of 2018.
Until that time, Skyline’s common stock will continue to trade on the NYSE American under the trading symbol “SKY.”