Market News
Mar. 09, 2020 TSE Decision on Delisting, etc.: NuFlare Technology,Inc.
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
１．Delisting and Designation as Securities to Be Delisted
| （１）Issue Name | NuFlare Technology,Inc. stock (Code: 6256, Market Division: JASDAQ Standard) |
| （２）Period of Designation as Securities to Be Delisted | From Mar. 9, 2020 (Mon.) to Mar. 29, 2020 (Sun.) |
| （３）Delisting Date | Mar. 30, 2020 (Mon.) (Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date. |
| （４）Provision | Securities Listing Regulations, Rule 604-2, Paragraph 1, Item 3 (Rule 601, Paragraph 1, Item 18-3 of the same regulations is a related rule.) (due to falling under a case where the company implements a reverse stock split with a split ratio at which the number of all the shares owned by shareholders other than a specified party will be less than one share) |
| （５）Reason | At the general shareholders meeting of NuFlare Technology,Inc. (hereinafter "the Company") held today, the agenda item regarding a reverse stock split (effective date: Apr. 1, 2020) with a split ratio at which the number of shares held by shareholders of the Company other than Toshiba Electronic Devices & Storage Corporation (unlisted) will be less than one share was approved. |
２．Exclusion from Securities in Lieu of Money
The stock of the Company will be excluded from securities in lieu of money for the following items from Mar. 10, 2020 (Tue.) inclusive.
- Customer margin for margin trading and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds
Designation History of Securities Under Supervision & Securities to Be Delisted
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