It was officially removed from the NASDAQ following the merger. Historical Context
is no longer a tradable public stock. You cannot buy or sell it on the NASDAQ or any major exchange as of April 2026. Status Summary Privatized: The company was taken private in late 2019 .
The company issued massive amounts of new shares, which heavily penalized existing investors. Better Alternatives for 2026
CEO George Economou, through SPII Holdings, acquired all remaining shares for $5.25 per share in cash.
It famously underwent multiple reverse stock splits that wiped out nearly 99.9% of long-term shareholder value.