Procaps Group Announces Leadership Change and Nasdaq Delisting

Tip Ranks
2025.02.03 14:29
portai
I'm PortAI, I can summarize articles.

Procaps Group has appointed Ms. Melissa Angelini and Dr. Camilo Camacho as Interim Co-CEOs following the resignation of Mr. Jose Antonio Toledo Vieira. This leadership change is unrelated to an ongoing investigation. Additionally, Procaps received a notice from Nasdaq regarding the delisting of its shares due to non-compliance with financial reporting rules, effective February 4, 2025. The shares will trade on the OTC Expert Market, which is not expected to impact business operations.