Schmitt industries announces intention to delist and deregister its common stock

Schmitt industries announces intention to delist and deregister its common stock.schmitt industries inc - smit's current shareholders will remain shareholders of company.schmitt industries - announced intention to delist common stock from nasdaq stock market and list on otc pink market.schmitt industries - does not expect delisting to have any adverse effects on business operations.schmitt industries inc - currently anticipates that it will file with sec form 25 relating to delisting of common units on or about feb 14, 2020.schmitt industries - expects common stock to begin trading on otc market's pink market under co's current trading symbol "smit".schmitt industries inc - delisting of common stock from nasdaq could impair liquidity and market price of common stock.
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