Market News
Jul. 29, 2025 TSE Designation of Securities Under Supervision (Examination): alt Inc.
TSE has designated an issue as a Security Under Supervision (Examination) as follows.
*This decision is based on the results of the examination by Japan Exchange Regulation.
| １．Issue Name | alt Inc. stock (Code: 260A, Market Segment: Growth Market) |
| ２．Period of Designation as Securities Under Supervision (Examination) |
From Jul. 25, 2025 (Fri.) to the day when TSE determines whether the company has fallen under the delisting criteria |
| Reason (Related Clause) |
(1) Due to the company being deemed likely to fall under a case where the Exchange deems it difficult to maintain order in the market if the listed company is not immediately delisted, because there is adequate reason to believe that the listed company has made false statements in past annual securities reports, etc. (Enforcement Rules for Securities Listing Regulations, Rule 604, Paragraph 1, Item (11)) (2) Due to the company being deemed by the Exchange likely to fall under a case where the company has materially violated matters under the written oath for initial listing application. (Enforcement Rules for Securities Listing Regulations, Rule 604, Paragraph 1, Item (13)) |
| ３．Details of Reason | alt Inc. (hereinafter referred to as "the Company") announced on Jul. 25, 2025 that it has received an investigation report prepared by a third-party committee established to investigate the possibility of overstatement of sales revenue. It has been revealed that the majority of its sales revenue from the fiscal year ended Dec. 2021 to the fiscal year ended Dec. 2024 was overstated. Based on information disclosed by the Company, the Exchange has determined that the following situations (1) and (2) apply, and has thus decided it will designate the Company's stock as a Security Under Supervision (Examination). (1) There is significant reason to believe that the corrections to annual securities reports, etc. (including the Company’s securities registration statements and annual securities report for application for listing) are substantial and may fall under a case where the Company has made false statements. Depending on the results of future examinations, the Company may be deemed likely to fall under a case where the Exchange deems it difficult to maintain order in the market if the Company is not immediately delisted. (2) Depending on the results of future examinations, the Company may be deemed likely to fall under a case of having materially violated matters under the written oath for initial listing application that it submitted. |
Designation History of Securities Under Supervision & Securities to Be Delisted
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