Is Wolfspeed technologies being delisted

Wolfspeed Technologies has not been delisted, but it has taken steps to address its financial challenges and is closely monitored by the stock exchange. 1. **NYSE Compliance**: Wolfspeed Technologies continues to operate under Chapter 11 bankruptcy protection and has announced plans to shift its incorporation from North Carolina to Delaware by September 29, 2025. Despite these developments, there is no indication that Wolfspeed has been delisted from the New York Stock Exchange (NYSE), where it remains listed with the stock code WOLF. 2. **Restructuring and Debt Reduction**: The company's Plan of Reorganization has been approved by a U.S. court, allowing Wolfspeed to exit Chapter 11 within weeks and significantly reduce its debt burden by approximately 70%. This restructuring process is aimed at stabilizing the company's financials and potentially attracting future investment and strategic partnerships. 3. **Stock Performance and Market Perception**: Following the approval of its reorganization plan, Wolfspeed's stock experienced a significant surge, indicating investor confidence in the company's turnaround potential. However, the company's stock remains speculative due to ongoing financial challenges and the risks associated with bankruptcy proceedings. In conclusion, while Wolfspeed Technologies is navigating a significant financial restructuring, it has not been delisted from the NYSE. The company's efforts to reduce debt and stabilize its governance are aimed at supporting its continued listing and long-term recovery.