public companies

‘Going Dark’: Drive Shack Plans to Delist from NYSE, Focus on Growth Without ‘Undue Distraction’

by | Dec 15, 2022
Dallas-based Drive Shack Inc., creator of the modern mini-golf brand Puttery, plans to voluntarily delist from the NYSE in order to focus on running the business and achieving growth.

Entertainment venues and "competitive socializing" are a driver of that growth: Puttery has expanded to five locations since its debut in North Texas in 2021. "Going dark" will allow management and employees to focus on running the business and achieving growth—without the distractions of being a publicly traded company, it says.
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