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Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review

Crypto wallet company Exodus Movement will not be listed on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday. NYSE American told Exodus on Wednesday that U.S. Securities and Exchange Commission staff were still reviewing Exodus' registration statement, which the company said had gone effective at the end of April, according to an Exodus press release. Exodus was supposed to uplist from OTC (over-the-counter) trading, the company announced earlier this week, with its Class A Common Stock continuing to trade on OTCQX through the end of the day Wednesday. The uplisting would have led to Exodus "creating long-term value for our investors.

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