Ozon again filed an appeal against the NASDAQ decision on delisting – Kommersant
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Ozon filed a second appeal against the decision of the US stock exchange NASDAQ to delist the company’s securities. Last time Ozon filed appeal in March. The company clarified that Ozon’s depositary shares will trade on the NASDAQ until the appeal process is completed.
“On June 21, the company filed an appeal against the commission’s decision with the Nasdaq Listing and Hearing Review Board. According to the council’s instructions, a written review of the appeal will take place during July, after which the council will make its decision, ”Ozon said in a press release (quoted by TASS).
On NASDAQ plans to delist securities of a number of Russian companies (Yandex, Ozon, Qiwi, HeadHunter) became known March 15th. The decision of the exchange was also appealed. “Yandex”, Qiwi, headhunter. “Yandex” achieved its cancellation.
Details – in the material “Kommersant FM” “Yandex was left on the stock exchange”.
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