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EQOS - EQOS STOCK NEWS

Welcome to our dedicated page for EQOS news (Ticker: EQOS), a resource for investors and traders seeking the latest updates and insights on EQOS stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EQOS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EQOS's position in the market.

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EQONEX Limited (NASDAQ: EQOS) faced delisting risks from Nasdaq due to non-compliance with Listing Rule 5550(a)(2). The company received a notice on December 19, 2022, indicating its common stock had closed below $0.10 for 13 consecutive trading days. This follows a previous warning from July 21, 2022, regarding a bid price under $1.00. EQONEX has until January 17, 2023, to regain compliance and is considering options like a reverse share split to address the situation.

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EQONEX Limited (NASDAQ: EQOS) announced on November 21, 2022, that it received a notice from Nasdaq regarding the delisting of its securities. Trading is set to be suspended at the start of business on November 30, 2022. In response, the company has requested a hearing before the Nasdaq Hearings Panel to appeal this determination. However, this appeal will not alter the upcoming trading suspension.

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Digivault, part of EQONEX Group (NASDAQ: EQOS), has launched Digivault ExchangeConnect, a service allowing clients to trade digital assets while securely holding them in FCA-registered custody. Available on Bitfinex, this service addresses security and inefficiency issues faced by institutions in the crypto trading space. Assets are mirrored as trading balances without leaving Digivault, with settlement options at day's end or upon request. This initiative aims to enhance trading efficiency for institutional investors, reflecting Digivault's commitment to security and innovative financial solutions.

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EQONEX Limited (NASDAQ: EQOS) has launched a USD-denominated Bitcoin Exchange-Traded Note (ETN), available on Deutsche Börse XETRA Exchange. This physically-backed ETN allows investors direct exposure to Bitcoin, featuring benefits like free redemptions and low management fees. The underlying Bitcoin is secured with Digivault, a regulated custody provider. With regulatory approval from Germany's BaFin, EQONEX aims to expand its crypto product offering, ensuring investor protection through a segregated account structure for the physical Bitcoin. The move follows the successful launch of a Euro version earlier this year.

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EQONEX (NASDAQ: EQOS) has announced key appointments to its Asset Management division, bringing in Simon Goodman as Chief Investment Officer and Benjamin Nudel as Head of Investment Research. This strategic move aligns with EQONEX's commitment to enhance its flagship Bletchley Park Multi-Strategy Fund and broader asset management operations. Simon brings over 20 years of financial expertise, while Benjamin contributes extensive digital asset knowledge. These hires follow previous leadership appointments and are expected to solidify the firm's growth trajectory.

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Digivault, a FCA-registered crypto custodian part of EQONEX Group (Nasdaq: EQOS), has announced support for the BNB Chain, allowing clients to hold assets like BNB and BUSD. This follows a strategic partnership with Binance Connect. Tom Griffiths, Chief Compliance Officer, emphasized the importance of a thorough asset assessment process to protect consumers. BNB Chain has gained traction due to low gas fees and reduced congestion compared to Ethereum. CEO Rob Copper expressed excitement about the future integration of BNB Chain into Digivault's offerings.

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EQONEX Limited (NASDAQ: EQOS) filed its annual report on Form 20-F for the fiscal year ending March 31, 2022, with the SEC on August 15, 2022. The report includes audited consolidated financial statements and is accessible via the company's investor relations website and the SEC's site. Shareholders can request a free hard copy by contacting the EQONEX Investor Relations Department. EQONEX offers a comprehensive suite of digital asset financial services, combining regulatory oversight with innovative solutions for institutions and individuals.

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EQONEX (NASDAQ: EQOS) announced a strategic pivot to focus on Asset Management and Custody, closing its crypto Exchange on August 22, 2022. This decision aims to reduce operating costs and refocus resources amid increasing competition and declining trading volumes in the crypto market. The closure will allow the company to streamline operations and enhance financial stability, with significant progress noted in its Asset Management sector, including the recent launch of a Bitcoin ETN in Germany. The shift is positioned for sustainable growth and delivering shareholder value.

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EQONEX Limited (NASDAQ: EQOS) announced that it received a notice from Nasdaq on July 21, 2022, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The notice arises from the Company's stock closing below this threshold for 30 consecutive business days ending July 20, 2022. EQONEX has 180 days, until January 17, 2023, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. The notification does not affect the Company's trading status on Nasdaq, and business operations remain unaffected.

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FAQ

What is the market cap of EQOS (EQOS)?

The market cap of EQOS (EQOS) is approximately 4.4M.

EQOS

Nasdaq:EQOS

EQOS Rankings

EQOS Stock Data

4.40M
41.46M
6.48%
2.26%
2.92%
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