Listing Alert
MIAX Options
November 30, 2020 | 01:08 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Apartment Investment and Management Company (AIV)
Apartment Investment and Management Company (AIV) has announced a 1-for-1.23821 reverse stock split effective for Tuesday, December 1, 2020. On that date, the current AIV option class will change to AIV2. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list AIV2 options. Therefore, no options on AIV will be available for trading on Tuesday, December 1, 2020.
Apartment Investment and Management Company (AIV) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Wednesday, December 2, 2020.
All GTC orders resting on the MIAX order books in AIV will be canceled at the close of business on Monday, November 30, 2020.
Additional details about the Apartment Investment and Management Company (AIV) reverse split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.