Solutia Inc. manufacturer and provider of high-performance specialty materials and chemicals, today announced that the common stock of reorganized Solutia that will be issued pursuant to the company's Plan of Reorganization has begun trading on the New York Stock Exchange.
The ticker symbol for this stock is SOA. Currently the ticker symbol also includes the "wi" notation, which means the stock is being traded on a "when issued" basis. The "wi" notation will be removed when the stock begins "regular way" trading.
The current Solutia common stock continues to trade over-the-counter using the ticker symbol (OTCBB:SOLUQ) and, under the company's Plan of Reorganization, this stock will be cancelled upon the company's emergence from Chapter 11.