Special Metals Stock Delisted from NASDAQ
April 8, 2002
Special Metals Corp., Huntington, W.Va., has been informed its stock was delisted from the NASDAQ National Market, which went into effect on April 5, 2002. Separately, the company said that the U.S. Bankruptcy Court for the Eastern District of Kentucky approved an order allowing the company to use its cash collateral through April 15, 2002, by which time the company believes it will be able to obtain debtor in possession financing. Special Metals and its U.S. subsidiaries continue to manufacture products and serve customers.