Lumen plans to move stock, Qwest notes to Nasdaq on October 6

  • Lumen Technologies plans to transfer its stock and two Qwest Corp notes to Nasdaq.
  • October 5 marks the expected NYSE delisting after the market closes.
  • Lumen and Qwest plan to file Form 25 with the SEC for delisting.

Lumen Technologies plans to transfer its common stock and two Qwest Corp notes from the New York Stock Exchange to Nasdaq, saying the exchange better suits its technology-focused business as it expands networking services for AI customers. The securities are expected to leave the NYSE after the market closes on October 5 and begin trading on Nasdaq at the October 6 market open, subject to customary closing conditions. Lumen’s stock is expected to keep the ticker LUMN, while the Qwest notes are expected to continue trading under CTGG and CTHH. The move will not affect Lumen’s operations, financial condition or reporting obligations, and shareholders do not need to take action. Lumen and Qwest have applied for Nasdaq listings and plan to file a Form 25, a regulatory delisting notice, with the U.S. Securities and Exchange Commission (U.S. securities regulator).

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