Fiat Chrysler Automobiles files to list shares on NYSE
Shareholder meeting set for Aug. 1 to approve Chrysler deal
DETROIT -- Fiat Chrysler Automobiles this morning filed registration documents with the Securities and Exchange Commission to become a publicly traded company with its stock listed on the New York Stock Exchange.
The company -- the fully merged entity of Chrysler Group and its corporate parent, Fiat S.p.A. -- won’t legally exist until shareholders vote to approve the merger Aug. 1 during a special meeting. However, in the prospectus filed today, the company said it intends to begin trading its stock on the first day following the prospectus of the merger.
The filing says that FCA intends to list its shares both on the NYSE as well as the Mercato Telematico Azionario, or MTA, the Italian stock exchange.
In a statement, Fiat said that shareholders would be asked to vote on the cross-border merger of Fiat with and into its wholly-owned Dutch subsidiary Netherlands Fiat Investments N.V.
They would then vote on related motions, it said, referring to the merger with Chrysler.
Reuters contributed to this report.
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