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Eason Technology announced that NYSE Regulation has withdrawn its delisting determination and will lift the trading suspension of the company's ADS on the NYSE American. 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'.
Eason Technology ha annunciato che la regolamentazione NYSE ha ritirato la sua determinazione di delisting e solleverà la sospensione del trading degli ADS della società sulla NYSE American. Questa decisione è stata presa dopo che il prezzo degli ADS della società è aumentato sopra la soglia minima richiesta dalla Sezione 1003(f)(v) della Guida per le Aziende NYSE American. Si prevede che il trading riprenderà il 24 gennaio 2025, sotto il simbolo 'DXF' con CUSIP '26605Q304'.
Eason Technology anunció que la regulación de la NYSE ha retirado su determinación de exclusión y levantará la suspensión de la negociación de los ADS de la compañía en la NYSE American. La decisión se produce después de que el precio de los ADS de la compañía superara el umbral mínimo requerido por la Sección 1003(f)(v) de la Guía de Empresas de la NYSE American. Se espera que la negociación se reanude el 24 de enero de 2025, bajo el símbolo 'DXF' con CUSIP '26605Q304'.
Eason Technology는 NYSE 규제가 상장 폐지 결정을 철회하고 회사의 ADS에 대한 거래 중단을 해제할 것이라고 발표했습니다. 이 결정은 회사의 ADS 가격이 NYSE American 회사 가이드의 섹션 1003(f)(v)에서 요구하는 최소 기준을 초과한 후 내려졌습니다. 거래는 2025년 1월 24일에 'DXF' 기호로 CUSIP '26605Q304'와 함께 재개될 것으로 예상됩니다.
Eason Technology a annoncé que la réglementation de la NYSE a retiré sa décision de radiation et lèvera la suspension de la négociation des ADS de la société sur la NYSE American. Cette décision intervient après que le prix des ADS de la société a dépassé le seuil minimum requis par la Section 1003(f)(v) du Guide des entreprises de la NYSE American. La reprise du trading est prévue pour le 24 janvier 2025, sous le symbole 'DXF' avec CUSIP '26605Q304'.
Eason Technology gab bekannt, dass die NYSE-Regulierung ihre Entscheidung zur Delistung zurückgezogen hat und die Handelsaussetzung der ADS des Unternehmens an der NYSE American aufheben wird. Diese Entscheidung wurde getroffen, nachdem der ADS-Preis des Unternehmens über die Mindestschwelle hinaus gestiegen ist, die in Abschnitt 1003(f)(v) des Unternehmensleitfadens für NYSE American gefordert wird. Es wird erwartet, dass der Handel am 24. Januar 2025 unter dem Symbol 'DXF' mit der CUSIP '26605Q304' wieder aufgenommen wird.
- Trading suspension removal from NYSE American
- Stock price recovery above minimum listing requirements
- Maintained NYSE American listing status
- Previous trading suspension indicates recent financial/pricing difficulties
Insights
The lifting of NYSE American trading suspension marks a important development for Eason Technology. The company has successfully addressed the low selling price concerns that initially triggered the suspension under Section 1003(f)(v) of the NYSE American Company Guide. This regulatory clearance enables renewed trading access to a broader investor base through a major U.S. exchange platform.
The transition from OTC markets (DXFFY) back to NYSE American (DXF) typically enhances trading liquidity and institutional investor accessibility. For micro-cap companies like Eason, with a market cap of
In simple terms: Think of this like a store being allowed to reopen in a premium shopping mall after temporarily being forced to sell from a side street. The store (Eason) can now reach more customers (investors) and potentially command better prices for its goods (shares) due to the prestigious location (NYSE American).
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
FAQ
When will Eason Technology (DXF) resume trading on NYSE American?
Why was Eason Technology (DXF) previously suspended from NYSE American trading?
What requirements did Eason Technology (DXF) meet to resume NYSE American trading?
What will be the new trading symbol and CUSIP for Eason Technology on NYSE American?
