GM stock finally going to be suspended? Shares of General Motors Corporation (GMGMQ.PK) have been halted on the pink sheets exchanges at 2:17pm EST on Friday - July 10, 2009. It is not clear whether these shares will be cancelled now that the new GM has emerged. The CFO was on CNBC earlier in the day and stated that they will review market conditions and a GM IPO could be coming by April 2010.
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General Motors Company (the "new GM") currently has no publicly traded securities. Please note that none of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company, which is an independent separate company.
http://www.gm.com/corporate/investor_information/
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