delisting

Astra CEO Chris Kemp speaks inside the company's headquarters during the company's "Spacetech Day" on May 12, 2022.Brady Kenniston / AstraSpacecraft engine manufacturer and small rocket builder Astra announced on Friday that the company is investigating "potential illegal short selling" among shareholders of its common stock.The company said it hired financial software firm ShareIntel to assist with its review of "suspicious, aberrant or unusual trading activity.""Astra remains committed to protecting our investors and…

A clutch of crypto exchange-traded funds launched with much fanfare in Australia are headed for delisting. A clutch of crypto exchange-traded funds launched with much fanfare in Australia are headed for delisting, becoming the latest casualties of the this year's digital-asset rout. The management teams behind the Cosmos Purpose Bitcoin Access ETF, Cosmos Purpose Ethereum Access ETF and Cosmos Global Digital Miners Access ETF applied to revoke their quotations on the exchange run by Cboe Australia Pty. Cosmos…

A close up look at Astra's LV0008 rocket at LC-46 in Cape Canaveral, Florida.John Kraus / AstraEmbattled small rocket-builder Astra revealed Friday that it received a delisting warning from the Nasdaq after its stock spent 30 consecutive days below $1 per share, a violation of the exchange's requirements.The company has 180 days to lift its share price or face delisting, according to a regulatory filing.Astra stock closed Friday at 59 cents per share, down more than 90% this year and more than 95% off its 52-week high of…

GigaCloud, an online platform that connects manufacturers of bulky consumer items with buyers around the world, raised $36 million in gross proceeds after selling 2.94 million Class A shares. The deal valued the company at $486 million. The amount raised could increase to $41 million if the underwriter sells more shares to exercise the so-called overallotment options, typically when the stocks are in high demand. The company’s stock jumped in its first day of trading, ending Thursday up 28% to $15.69. Based…

The former Konami staff member responsible for putting up and taking down P.T. – the free teaser for the later cancelled Silent Hills – from storefronts has talked about the process of removing the game eight years after the fact. The first party lead for Konami at the time was Pearl Lai, and she put together a thread and answered questions on Twitter about the process of setting up P.T. on the PlayStation storefront, and eventually taking it down. “Fun fact: since I was the lead at the time at Konami, I helped get…

Alibaba Group Holding Ltd became the latest company to be added to the US Securities and Exchange Commission's list of Chinese companies that might be delisted. Alibaba's shares were down 11 percent at $89.37 at the closing bell, ending the month 21.4 percent lower. The e-commerce giant's shares were already feeling the pressure after reports suggested Ma was planning to cede control of financial technology firm Ant, an affiliate of Alibaba. Alibaba is among more than 270 Chinese companies listed in New York identified…

The New York Stock Exchange (NYSE) is starting the process of delisting securities of three Chinese telecom companies, after President Donald Trump last month barred US investments in Chinese firms Washington says are owned or controlled by the military.The move by the NYSE, which will limit US investor access, follows global index providers MSCI, S&P Dow Jones Indices, FTSE Russell, and Nasdaq deleting various Chinese companies from their indexes.It's "a modest step, but at least an awakening to national security and…

Following the news that Assassin’s Creed Liberation HD has been removed from Steam, it’s now been confirmed that Ubisoft is delisting several more games too. Today (July 11), it was reported that Assassin’s Creed Liberation HD has been unlisted from Steam “at the request of the publisher,” it’s been noticed that the publisher is also planning on removing four other games. Prince Of Persia: The Forgotten Sands and Splinter Cell Blacklist have both been labelled with a new tag notifying players that their Deluxe editions…

Huge adult site 'Rule34' is preparing legal action to have its homepage restored to Google's indexes. The site's operator says that he believes he's been targeted with one or more bogus takedown demands.However, rather than go down the DMCA route, his opponents have chosen to make more serious complaints, ones that cannot be countered using a simple form.Two years ago we reported on a wave of bogus DMCA notices that targeted various adult sites. Many of those platforms were so-called ‘hentai’ sites which focus on…

Less than a year after Didi Global Inc. DIDI 1.33% listed its shares in the U.S., the Chinese ride-hailing giant said its shareholders had approved its plan to delist from the New York Stock Exchange, concluding a regulatory roller-coaster ride that sent its market value plummeting. The move will allow the company to move forward after it was caught in Beijing’s campaign to tighten its grip on China’s tech giants and their troves of…