Market News
May 15, 2024 TSE Designation of Securities Under Supervision (Confirmation): CyberBuzz,Inc.
TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.
1.Issue Name | CyberBuzz,Inc. stock (Code: 7069, Market Segment: Growth Market) |
2.Period of Designation as Securities Under Supervision (Confirmation) |
From May 15, 2024 (Wed.) to the day when TSE determines whether the company has fallen under the delisting criteria |
Reason (Related Clause) |
Due to disclosing up to the statutory submission deadline that it is not expected to be able to submit a quarterly report by such deadline (Enforcement Rules for Securities Listing Regulations, Rule 604, Paragraph 1, Item (10), Sub-item a) |
3.Details of Reason | CyberBuzz,Inc. (hereinafter "the Company") has disclosed today that it does not expect to be able to submit the quarterly report for the second quarter of the fiscal year ended Sep. 2024 (hereinafter "the report") by the statutory filing deadline (or the extended statutory filing deadline where approval of such an extension has been obtained). As such, TSE deems that the stock of the Company is likely to be delisted and designates the stock as Securities Under Supervision (Confirmation). If the Company does not submit the report by Jun. 17, 2024, TSE will decide to delist the stock of the Company. |
Designation History of Securities Under Supervision & Securities to Be Delisted
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