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Nasdaq Updates Trading Halt Status in QIWI plc ADS

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The Nasdaq Stock Market announced a change in the trading halt status for QIWI plc ADS (Nasdaq: QIWI) to 'additional information requested' as of March 7, 2022. The trading halt began on February 28, 2022, at a price of $5.67 per share. Trading will remain suspended until the company meets Nasdaq's request for more details.

Positive
  • None.
Negative
  • Trading in QIWI plc ADS remains halted, indicating potential regulatory concerns.
  • The request for additional information may suggest underlying issues that could impact investor confidence.

NEW YORK, March 07, 2022 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® announced that the trading halt status in QIWI plc ADS (Nasdaq: QIWI) was changed to "additional information requested" from the company. Trading in the company’s stock had been halted on February 28, 2022 at 06:38:00 Eastern Time at a last sale price of $5.67.

Trading will remain halted until QIWI plc ADS has fully satisfied Nasdaq’s request for additional information.

For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq web site.

For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.

Nasdaq Media Contact:

Sophia Weiss
sophia.weiss@nasdaq.com

Will Briganti
william.briganti@nasdaq.com

NDAQO


FAQ

What is the current status of QIWI plc ADS trading?

Trading for QIWI plc ADS is halted due to a request for additional information from Nasdaq.

When did the trading halt for QIWI plc ADS begin?

The trading halt for QIWI plc ADS started on February 28, 2022.

What was the last sale price of QIWI plc ADS before the halt?

The last sale price of QIWI plc ADS before the trading halt was $5.67.

How long will the trading halt last for QIWI plc ADS?

The trading halt will last until QIWI plc ADS satisfies Nasdaq's request for additional information.

What does it mean when Nasdaq requests additional information?

A request for additional information typically indicates that Nasdaq has concerns regarding compliance or disclosures.

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