Eason Technology Limited Announces NYSE American Removal of Trading Suspension
Eason Technology announced that NYSE Regulation has withdrawn its delisting determination and will lift the trading suspension of the company's ADS on the NYSE American.
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Rhea-AI Summary
Eason Technology announced that NYSE Regulation has withdrawn its delisting determination and will lift the trading suspension of the company's ADS on the NYSE American. The decision comes after the company's ADS price rose above the minimum threshold required by Section 1003(f)(v) of the NYSE American Company Guide. Trading is expected to resume on January 24, 2025, under the symbol 'DXF' with CUSIP '26605Q304'.
Positive
- Trading suspension removal from NYSE American
- Stock price recovery above minimum listing requirements
- Maintained NYSE American listing status
Negative
- Previous trading suspension indicates recent financial/pricing difficulties
Details
News Market Reaction – DXF
The recorded move for DXF in the trading session of this news was +32705.40%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Eason Technology Limited
Eason Technology Limited is a company engaged in real estate operation management and investment and digital technology security business in
Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.
View original content:https://www.prnewswire.com/news-releases/eason-technology-limited-announces-nyse-american-removal-of-trading-suspension-302354488.html
SOURCE Eason Technology Limited
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