Didi was set to start trading its shares on the over-the-counter market
$DiDi Global (Delisted) (DIDI.US)$ $DiDi Global Inc (DIDIY.US)$
Didi was set to start trading its shares on the over-the-counter market on Monday, after delisting from the New York Stock Exchange on Friday and pending a China cybersecurity review-prerequisites for its business to resume normal operations.
The world's largest equity derivatives clearing, said on Friday Didi's trading symbol changed from "DIDI" to "DIDIY" on the OTC market, effective at the opening of business since Monday.
The change came more than two weeks after Didi's shareholders voted to delist the company from the NYSE. Didi's last trading day on the NYSE on Friday closed with its shares at $2.29, down 84 percent from the IPO price of $14.
The company said it must finish a planned delisting from the NYSE for the review in China to be wrapped up. Didi said, The delisting "may negatively affect the price of and liquidity in (the company's) securities."
Didi was set to start trading its shares on the over-the-counter market on Monday, after delisting from the New York Stock Exchange on Friday and pending a China cybersecurity review-prerequisites for its business to resume normal operations.
The world's largest equity derivatives clearing, said on Friday Didi's trading symbol changed from "DIDI" to "DIDIY" on the OTC market, effective at the opening of business since Monday.
The change came more than two weeks after Didi's shareholders voted to delist the company from the NYSE. Didi's last trading day on the NYSE on Friday closed with its shares at $2.29, down 84 percent from the IPO price of $14.
The company said it must finish a planned delisting from the NYSE for the review in China to be wrapped up. Didi said, The delisting "may negatively affect the price of and liquidity in (the company's) securities."
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