Yes. In conjunction with our emergence from Chapter 11, the Company has issued new shares of SuperMedia Inc. common stock to certain creditors in accordance with the Plan of Reorganization.
On what exchange is the new common stock listed?
Shares of the newly issued common stock of SuperMedia Inc. are trading on the NASDAQ Global Market under the stock symbol "SPMD."
How many shares of the new common stock are outstanding?
SuperMedia's equity capitalization will consist of 60 million shares of common stock and 5 million shares of preferred stock. The terms, rights, and preferences may be set by the Company's Board of Directors from time to time. Upon completion of all distributions to former creditors under the Plan, the Company will have approximately 15 million shares of common stock outstanding.
Who is the Transfer Agent for the new SuperMedia Inc. common shares?
The transfer agent for SuperMedia Inc. common stock is:
BNY Mellon Shareowner Services
480 Washington Boulevard
Jersey City, New Jersey 07310-1900
Telephone: 866-276-1494
Web: www.bnymellon.com/shareowner/isd
Will the Company be filing quarterly reports and other information with the Securities and Exchange Commission? Will it be having quarterly earnings webcasts?
The Company will be filing quarterly reports and other information with the Securities and Exchange Commission. A link to the Company's SEC filings is available on this website. We expect to have quarterly earnings webcasts. Information about future webcasts will be posted on this website.
Who owns the Company now that it has emerged from Chapter 11?
As part of the restructuring, certain creditors of the Company received shares of our newly issued common stock and became our new shareholders. Our common stock will continue to be publicly traded and is now listed on the NASDAQ exchange.
What is the new capital structure of SuperMedia Inc.?
The Company emerged from the restructuring process having reduced its long-term debt by more than $6 billion. The Company currently has a $2.75 billion secured bank facility.
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Stock Information
NASDAQ:SPMD
$3.06- 0.04
Feb 3, 2012
4:00 PM ET
Quotes delayed at least 20 minutes. Information provided by eSignal.