The New York Stock Exchange filed a Form 25-NSE to remove Elme Communities’ shares from listing, effective ten calendar days after the October 26 filing. Shares began trading over-the-counter under the symbol “ELMES” on that date. Concurrently, the Board terminated retention agreements for three officers—Paul McDermott, Tiffany Butcher, and W. Drew Hammond—with payments totaling $7.75 million to wind up affairs before expected dissolution on November 6. The company is a multifamily real estate investment trust.
