Reported Earlier, Roth CH Acquisition To Voluntarily Delist From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Roth CH Acquisition Co has announced its decision to voluntarily delist its Class A Ordinary Shares, Units, and Warrants from the Nasdaq Global Market, with the delisting expected to become effective on April 25, 2024. The company will continue to meet reporting obligations under the Exchange Act.
April 16, 2024 | 8:29 am
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Roth CH Acquisition Co's decision to delist from Nasdaq could lead to increased volatility and potentially lower liquidity for its Class A Ordinary Shares, Units, and Warrants.
Delisting from a major exchange like Nasdaq often leads to reduced visibility and investor interest, which can result in increased volatility and decreased liquidity for the affected securities. This move could particularly impact retail investors and could lead to a decrease in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 90
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