MannKind Corp. intends to voluntarily delist its common stock from the Tel Aviv Stock Exchange.

Under applicable Israeli law, the delisting is expected to become effective three months from the date of the request. Meanwhile, company's common shares will continue to be traded on the exchange.

MannKind's common stock continues to be listed for trading on the Nasdaq Global Market.

All common shares traded on the Tel Aviv Stock Exchange are expected to transfer to Nasdaq once the delisting becomes effective.