Chromcraft Revington stock shifts to pink sheets
April 30, 2013,
WEST LAFAYETTE, Ind. — Furniture manufacturer and importer Chromcraft Revington said its stock began trading today on the OTC Pink Marketplace under the ticker symbol CRCV.
The company said it voluntarily withdrew its New York Stock Exchange listing after the close of trading on Monday.
The company said it plans to file its last financial report with the SEC - the annual report for the 2012 calendar year - no later than May 31.
A group of senior managers headed by Chairman and CEO Ronald Butler has signed a nonbinding letter of intent and term sheet to buy the company, but the group and the company have yet to reach a definitive agreement.
The proposed deal would value the company at $5 million.