{"id":760973,"date":"2023-05-31T08:49:00","date_gmt":"2023-05-31T12:49:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/qualtek-services-inc-receives-nasdaq-delisting-notice\/"},"modified":"2023-05-31T08:49:00","modified_gmt":"2023-05-31T12:49:00","slug":"qualtek-services-inc-receives-nasdaq-delisting-notice","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/qualtek-services-inc-receives-nasdaq-delisting-notice\/","title":{"rendered":"QualTek Services Inc. Receives Nasdaq Delisting Notice"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>QualTek Services Inc. Receives Nasdaq Delisting Notice<\/b><\/p>\n<p>BLUE BELL, Pa.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nQualTek Services Inc. (NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that Nasdaq had determined to delist the Company\u2019s common stock as a result of the Company\u2019s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company\u2019s common stock would be suspended at the opening of business on June 2, 2023.<\/p>\n<p>\nQualTek Services Inc. and certain of its subsidiaries filed for voluntary Chapter 11 protection on May 24, 2023.<\/p>\n<p><b><span class=\"bwuline\">About the Company<\/span><\/b><\/p>\n<p>\nFounded in 2012, QualTek is a leading technology-driven provider of infrastructure services to the 5G wireless, telecom, power grid modernization and renewable energy sectors across North America. QualTek has a national footprint with more than 65 operation centers across the U.S. and a workforce of over 5,000 people. QualTek has established a nationwide operating network to enable quick responses to customer demands as well as proprietary technology infrastructure for advanced reporting and invoicing. The Company reports within two operating segments: Telecommunications, and Renewables and Recovery and has already become a leader in providing disaster recovery logistics and services for electric utilities. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.qualtekservices.com&amp;esheet=53410298&amp;newsitemid=20230531005668&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.qualtekservices.com&amp;index=1&amp;md5=20c9fb351f435dab55a1d6458be46831\">https:\/\/www.qualtekservices.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230531005668r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230531005668\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230531005668\/en\/<\/a><\/span><\/p>\n<p><span class=\"bwuline\">Media &amp; Investor Relations<br \/>\n<\/span><br \/>C Street Advisory Group<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:QualTek@thecstreet.com\">QualTek@thecstreet.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Pennsylvania United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless 5G Other Technology Telecommunications Alternative Energy Energy Networks Internet<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230531005668\/en\/1806918\/3\/QualTek-01.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>QualTek Services Inc. Receives Nasdaq Delisting Notice BLUE BELL, Pa.&#8211;(BUSINESS WIRE)&#8211; QualTek Services Inc. (NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that Nasdaq had determined to delist the Company\u2019s common stock as a result of the Company\u2019s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company\u2019s common stock would be suspended at the opening of business on June 2, 2023. QualTek Services Inc. and certain of its subsidiaries filed for voluntary Chapter 11 protection on May 24, 2023. About the Company Founded in 2012, QualTek is a leading technology-driven provider of infrastructure services to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/qualtek-services-inc-receives-nasdaq-delisting-notice\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;QualTek Services Inc. Receives Nasdaq Delisting Notice&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-760973","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>QualTek Services Inc. 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(NASDAQ: QTEK), today announced that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that Nasdaq had determined to delist the Company\u2019s common stock as a result of the Company\u2019s commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy Code. Nasdaq informed the Company that trading in the Company\u2019s common stock would be suspended at the opening of business on June 2, 2023. QualTek Services Inc. and certain of its subsidiaries filed for voluntary Chapter 11 protection on May 24, 2023. About the Company Founded in 2012, QualTek is a leading technology-driven provider of infrastructure services to &hellip; Continue reading &quot;QualTek Services Inc. 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