SITE Centers Plans Voluntary NYSE Delisting And Eventual Dissolution Following Asset Monetization

SITE Centers intends for its common shares to continue to be listed on the New York Stock Exchange, subject to its continued compliance with NYSE listing requirements. Prior to reaching price per share or market capitalization levels that would trigger automatic delisting, the Company expects to voluntarily delist its common shares from the NYSE to reduce operating expenses and maximize distributions to shareholders. In addition, following the monetization of its remaining assets, the Company expects to file a certificate of dissolution, which would commence a five-year statutory wind-up period.