BSR REIT targets mid-October NYSE listing under BSRT ticker

  • BSR Real Estate Investment Trust approved pursuing a NYSE unit listing under ticker BSRT.
  • Mid-October is the REIT's current intended timetable for beginning NYSE trading.
  • BSR filed a Form 40-F registration statement and applied for NYSE listing approval.

BSR Real Estate Investment Trust said its Board of Trustees approved an initiative to pursue a New York Stock Exchange listing for its units under the ticker BSRT, with trading currently intended to begin in mid-October. The REIT has filed a Form 40-F registration statement with the U.S. Securities and Exchange Commission and applied to list on the NYSE. If the listing proceeds, its Canadian dollar-denominated TSX listing will change from HOM.UN to BSRT.UN, while the U.S. dollar-denominated HOM.U listing will be delisted at the close of business the day before the NYSE listing takes effect. OTCQX trading under BSRTF will end concurrently with the NYSE listing. The listing remains subject to the SEC declaring the registration statement effective, NYSE approval and satisfaction of all applicable listing and regulatory requirements. BSR said the initiative is intended to align its assets, operations and functional currency with the NYSE, address continuing U.S. investor demand and improve trading access, while warning that completion is not assured.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.