The Russian group of companies Qiwi appealed against the decision of the management of the Nasdaq stock exchange to delist shares. At the time of trial, trading in securities will be suspended and the delisting decision will not be confirmed, writes TASS.

Qiwi appeals Nasdaq decision to delist shares

Earlier, Qiwi reported that trading of its Nasdaq securities would be available as part of over-the-counter trading. The delisting of Nasdaq will not affect QIWI’s trading on the Moscow Stock Exchange.
  • On February 28, 2022, the New York Stock Exchange (NYSE) and Nasdaq suspended trading in shares of Yandex, Ozon, and other Russian companies due to sanctions. In early March, Yandex and Ozon warned shareholders about the risk of default following the suspension of securities trading.
  • In March 2023, the Nasdaq exchange announced its intention to delist the shares of Russian companies Qiwi, HeadHunter, Yandex and Ozon. The management of the companies assured that this would not affect their work.

Author:

karina pardaeva

Source: RB

Previous articleGalaxy S23 Ultra is a power-packed complete mobile phone
Next articleThese are the 10 best construction games for iPhone and iPad
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here