The Insider

Maxar completes U.S. domestication

January 2, 2019 at 11:13 AM

Maxar Technologies said today it has completed the U.S. domestication process, meaning the Canadian parent company has been incorporated in Delaware.

"The common shares of the new parent company will be listed on both the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSX) under the same trading symbol, 'MAXR,'" a statement reads.

Maxar said it has also transitioned to U.S. accounting standards, which "will make its financial results more transparent to a wider audience of investors and provide increased comparability with U.S. aerospace and defense peer companies."