UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 3.01. | Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
On August 28, 2023, Mallinckrodt plc (the “Company”) was notified by the staff of NYSE Regulation that NYSE Regulation has determined to commence proceedings to delist the ordinary shares, par value $0.01 per share, of the Company from the NYSE American LLC (“NYSE American”) and that trading in the Company’s ordinary shares will be suspended immediately.
NYSE Regulation advised that it has determined that the Company is no longer suitable for listing and will commence delisting proceedings pursuant to Section 1003(c)(iii) of the NYSE American Company Guide in light of the Company’s disclosure on August 28, 2023 that the Company and certain of its subsidiaries voluntarily initiated proceedings (“Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code (“Bankruptcy Code”) in the U.S. Bankruptcy Court for the District of Delaware (“Bankruptcy Court”). NYSE Regulation noted that the Company’s Restructuring Support Agreement, entered into on August 23, 2023, provides for the cancellation of the Company’s ordinary shares for no consideration.
Important information about the Chapter 11 Cases, including court filings and other information, are available on a separate website administrated by the Company’s claims agent, Kroll, at https://restructuring.ra.kroll.com/mallinckrodt2023. Such information may be filed with the Bankruptcy Court without the filing of an accompanying Current Report on Form 8-K. This website contains third-party content and is provided for convenience only. The documents and other information available on this website are not incorporated by reference into, and do not constitute a part of, this Current Report on Form 8-K.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MALLINCKRODT PLC | ||
| By: | /s/ Mark Tyndall | |
| Mark Tyndall | ||
| Executive Vice President , Chief Legal Officer & Corporate Secretary | ||
| Date: August 29, 2023 | ||