Henrico company filed for bankruptcy this week
Published
The New York Stock Exchange has informed Henrico County-based LL Flooring Holdings that its common stock will be delisted from the stock exchange and that trading was to be immediately suspended after the company filed for Chapter 11 bankruptcy Sunday, LL Flooring announced Tuesday.
In a news release, LL Flooring said that the NYSE will “apply to the Securities and Exchange Commission to delist the company’s common stock,” although the flooring company’s stock is expected to continue trading on the OTC market.
On Sunday, the company formerly known as Lumber Liquidators announced it had entered Chapter 11 bankruptcy proceedings and was pursuing a sale of its business, which saw a financial downturn in 2023, with revenue falling from $1.11 billion in fiscal 2022,…
