Key Highlights

• Stratus Properties Inc. Will proceed with the voluntary delisting of its common stock from Nasdaq.

• The company will distribute a special cash payment to shareholders as part of its liquidation efforts.

• Trading of Stratus’ common stock on Nasdaq is expected to halt in August 2026 after regulatory filings.

• The company will seek to end its SEC reporting obligations following the delisting process.

Stratus Properties Inc. Has announced its decision to remove its common stock from The Nasdaq Stock Market, aligning with the company’s approved liquidation plan. This move follows approval from both the Board of Directors and shareholders.

As part of this transition, the company’s stock will no longer trade on Nasdaq after a specified date in August 2026.

Delisting Strategy

The Board of Stratus Properties formally approved the removal of its common stock, which carries a par value of $0.01 per share, in early July 2026. To comply with regulatory procedures, the company intends to submit the required documentation to Nasdaq by the end of that month. This step is part of a broader effort to simplify operations as the company advances its financial wind-down.

Liquidation Plan

As part of its liquidation process, Stratus will issue a special cash distribution to shareholders. The payment, set at $5.00 per share, will be made to those on record by mid-July 2026, with disbursement expected shortly thereafter. This distribution reflects the company’s focus on returning capital to investors during this phase.

Suspension of Trading

Stratus has requested that trading of its common stock be halted before the market opens on August 10, 2026. Shareholders should note that no alternative exchange listing has been arranged, though trading may continue in over-the-counter markets if broker-dealers choose to facilitate transactions.

SEC Reporting Cessation

Following the delisting, Stratus will take steps to terminate its ongoing reporting obligations under federal securities laws. This will involve submitting the appropriate form to regulators, allowing the company to discontinue its regular filings, such as annual and quarterly reports, as it completes its liquidation.

Regulatory Compliance

Throughout the liquidation, Stratus remains bound by existing financial agreements, including restrictions on stock repurchases exceeding a specified threshold and limitations on dividend payments without lender approval. These conditions underscore the company’s careful approach to managing its remaining assets.

Risk Considerations

Investors should be aware of potential risks associated with the liquidation, including variability in final distribution amounts, possible transaction expenses, and market conditions that could influence the timing and value of asset sales. As with any corporate wind-down, outcomes may differ from initial expectations, and shareholders are encouraged to review all available information.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.