Bonso Plans To Delist From Nasdaq And Deregister Its Common Stock
Portfolio Pulse from Benzinga Newsdesk
Bonso Electronics plans to voluntarily delist its common stock from Nasdaq and deregister its common stock under the Securities Exchange Act of 1934, suspending its public reporting obligations.
June 13, 2023 | 10:04 am
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Bonso Electronics' decision to delist from Nasdaq and deregister its common stock may impact its stock price and liquidity.
Bonso Electronics' decision to delist from Nasdaq and deregister its common stock will likely lead to reduced visibility and liquidity for the stock. This may result in a negative impact on the stock price as investors may find it harder to trade the stock and may perceive it as less attractive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100