Opera Limited Files its Annual Report on Form 20-F
Opera Limited (NASDAQ: OPRA) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Opera Limited (NASDAQ: OPRA) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2020, with the SEC. This filing regains compliance with Nasdaq's Listing Rule 5250(c)(1) after a previous notification of non-compliance due to delays from COVID-19 impacts on its investee, Nanobank. The annual report is accessible via the Company's investor relations site and can be requested as a hard copy free of charge by shareholders. Opera is a prominent internet consumer brand, offering web and fintech solutions to hundreds of millions globally.
Positive
- Filed annual report on Form 20-F regaining compliance with Nasdaq regulations.
Negative
- Previously notified of non-compliance with Nasdaq due to late filing of annual report.
Details
News Market Reaction – OPRA
The recorded move for OPRA in the trading session of this news was +5.63%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OSLO, Norway, June 11, 2021 /PRNewswire/ -- Opera Limited (NASDAQ: OPRA) (the "Company"), one of the world's largest internet consumer brands with hundreds of millions of users worldwide, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission.
The annual report can be accessed on the Company's investor relations website at https://investor.opera.com/sec-filings or the SEC's website at https://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and the ADS holders upon request. Requests should be directed to investor-relations@opera.com or by writing to:
Opera Limited
Vitaminveien 4
NO-0485 OSLO
Attention: Investor Relations
On May 18, 2021, the Company received a letter from the Nasdaq Stock Market ("Nasdaq") notifying the Company that as a result of not filing its annual report by its due date of April 30, 2021, the Company was not in compliance under Nasdaq Listing Rule 5250(c)(1). As indicated in Company's first quarter 2021 earnings release dated April 27, 2021, this delay was the result in part of COVID-19 impacts on our investee, Nanobank, which is conducting its first annual closing of IFRS figures across all of its active markets, and the related external audit under PCAOB auditing standards, upon which the Company relies in finalizing its reporting on Form 20-F. By having filed our annual report on Form 20-F, we regain compliance under Rule 5250(c)(1).
About Opera
Opera is a global web innovator. Opera's browsers, news products and fintech solutions are the trusted choice of hundreds of millions of users worldwide. Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchanges (OPRA). Download the Opera browser from www.opera.com.
View original content to download multimedia:http://www.prnewswire.com/news-releases/opera-limited-files-its-annual-report-on-form-20-f-301310557.html
SOURCE Opera Limited
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.