Tag Archives: Delisting

HUB Security Receives Court Approval to Summon Shareholders Meetings for the Approval of the NASDAQ SPAC Merger and Delisting from Tel-Aviv Stock Exchange

HUB Security Receives Court Approval to Summon Shareholders Meetings for the Approval of the NASDAQ SPAC Merger and Delisting from Tel-Aviv Stock Exchange

TEL AVIV, Israel, Aug. 9, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced today that following its announcement on July 5th, the Company has received a formal approval of the Israeli district court to summon shareholders meetings for the approval of the upcoming SPAC merger and listing terms on NASDAQ. HUB Security Logo If approved by the shareholders and the… Source link

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China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

China ride-hailing giant Didi to start trading on OTC market after NYSE delisting, ending an 11-month fiasco that angered Beijing

Chinese ride-hailing giant Didi Global will start trading on the over-the-counter market (OTC) on Monday, more than two weeks after its shareholders voted to delist the company from the New York Stock Exchange (NYSE) where it raised US$4.4 billion last year in a public listing that angered Beijing. That move was announced on Friday in the US by Chicago-based Options Clearing Corp, the world’s largest equity derivatives clearing house, which said the Chinese firm’s trading symbol will change… Source link

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DiDi Global Sinks on Delisting Plans and Revenue Drop

DiDi Global Sinks on Delisting Plans and Revenue Drop

(Bloomberg) — DiDi Global Inc. tumbled Monday, after the Chinese ride-hailing giant said it’s planning to delist its U.S.-traded shares before it finds a new venue for the stock. Most Read from Bloomberg DiDi’s American depositary receipts sank 18% to $2.01 after it set an extraordinary general meeting for May 23 to vote on delisting its shares from the New York Stock Exchange. While the company will continue to explore listing on another internationally recognized exchange, DiDi said it… Source link

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Delisting Does Not Indicate Plan To Sell Grubhub, Says Just Eat Takeaway CEO

Just Eat Takeaway.com CEO Jitse Groen said on Sunday the company’s decision to de-list its shares from the Nasdaq stock exchange should not be taken as an indication of plans to sell its Grubhub subsidiary. The company announced its intention to delist its US shares on Tuesday. Shares of the Amsterdam-based company remain listed on the Amsterdam and London stock exchanges. “This is a cost reduction measure,” Groen told Dutch television programme Business Class in an interview. He repeated… Source link

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