360networks Leaves Nasdaq

Follows on Chapter 11 filing; will continue to trade on the Toronto Stock Exchange

July 26, 2001

1 Min Read

VANCOUVER -- 360networks today announced that the company’s securities willbe delisted from the Nasdaq Stock Market at the opening of business onJuly 27, 2001.The decision, made jointly by 360networks and Nasdaq, follows 360networks’voluntary filings on June 28 for protection under the Companies’ CreditorsArrangement Act in Canada and its U.S. subsidiaries under Chapter 11 ofthe U.S. Bankruptcy Code.Nasdaq halted trading of 360networks’ stock (TSIXQ) on June 27. The lasttrading price was U.S. $0.21. 360networks’ stock continues to tradeon the Toronto Stock Exchange under the TSX trading symbol.360networks Inc.

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