Delisting of Securities of CardConnect Corp. (Warrant), Escalon Medical Corp., Forbes Energy Services Ltd., Voltari Corporation and Mateon Therapeutics, Inc. from The Nasdaq Stock Market

NEW YORK, Jan. 24, 2017 -- The Nasdaq Stock Market announced today that it will delist the warrant of CardConnect Corp. CardConnect Corp.’s warrant was suspended on January 06, 2017 and has not traded on Nasdaq since that time.

Nasdaq also announced that it will delist the common stock of Escalon Medical Corp.  Escalon Medical Corp.’s stock was suspended on November 18, 2016 and has not traded on Nasdaq since that time.

Nasdaq also announced that it will delist the common stock of Forbes Energy Services Ltd.  Forbes Energy Services Ltd.’s stock was suspended on November 21, 2016 and has not traded on Nasdaq since that time.

Nasdaq also announced that it will delist the common stock of Voltari Corporation.  Voltari Corporation’s stock was suspended on December 23, 2016 and has not traded on Nasdaq since that time.

Finally, Nasdaq announced that it will delist the common stock of Mateon Therapeutics, Inc.  Mateon Therapeutics, Inc.’s stock was suspended on December 08, 2016 and has not traded on Nasdaq since that time.

Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting for each of these companies.  The delistings become effective ten days after the Form 25 is filed.  For news and additional information about the companies, including the basis for the delistings and whether the companies’ securities are trading on another venue, please review the companies’ public filings or contact the company directly.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: http://www.cchwallstreet.com/NasdaqTools/bookmark.asp?id=nasdaq-rule_5800&manual=/nasdaq/main/nasdaq-equityrules/.

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