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Orange To Delist From NYSE To Reduce Financial Burdens

Orange To Delist From NYSE To Reduce Financial Burdens

橙色将从纽交所摘牌以减轻财务负担
Benzinga ·  2024/09/25 09:34

Orange (NYSE:ORAN) shares are trading lower on Wednesday.

橙色(纽交所:ORAN)股票周三交易走低。

The company disclosed its plan to voluntarily delist its American Depositary Shares (ADRs) from the New York Stock Exchange (NYSE) and deregister with the U.S. Securities and Exchange Commission (SEC).

该公司披露了自愿从纽约证券交易所(NYSE)摘牌及从美国证券交易委员会(SEC)取消注册的计划。

Orange's decision to delist from the NYSE and deregister from the SEC was made to reduce financial and administrative burdens, in line with its goal of streamlining operations while maintaining strong governance and transparency.

橙色决定从纽约证券交易所摘牌并从美国证券交易委员会取消注册,旨在减少财务和行政负担,符合其简化运营、保持强有力治理和透明度的目标。

The move will not impact its U.S. clients, partners, or commercial presence, and Orange remains committed to open communication with U.S. investors.

这一举措不会影响其美国客户、合作伙伴或商业存在,橙色仍致力于与美国投资者保持开放沟通。

Orange plans to file a Form 25 with the SEC in the fourth quarter of 2024 to begin the delisting process.

橙色计划在2024年第四季度向SEC提交25号表格,开始摘牌流程。

The delisting will take effect ten days after the filing, at which point Orange's ADSs will no longer trade on the NYSE.

摘牌将在提交后十天生效,届时橙色的ADS将不再在纽交所交易。

After the delisting, Orange plans to continue its ADR program, enabling investors to keep their ADRs and trade them on the U.S. Over-The-Counter (OTC) market.

在退市后,Orange计划继续进行其ADR计划,使投资者能够保留其ADR,并在美国场外交易(OTC)市场上进行交易。

This month, Orange Business, leveraging its local expertise and service center, partnered with ACUD's data center to provide co-location.

本月,橙色业务利用其本地专业知识和服务中心,与ACUD的数据中心合作提供共同安置设施。

The company will announce the successful completion of the first phase of a new data center and communications infrastructure for Grifols Egypt.

该公司将宣布成功完成埃及基立福新idc概念和通信-半导体基础设施的第一阶段。

Investors can gain exposure to the stock via Defiance Quantum ETF (NASDAQ:QTUM).

投资者可以通过纳斯达克纳斯达克纳斯达克纳斯达克纳斯达克:QTUM购买Defiance Quantum ETF的股票。

Price Action: ORAN shares are down 0.89% at $11.97 at the last check Wednesday.

股价走势:星期三最新检查时,ORAN股价下跌0.89%,报11.97美元。

Photo via Shutterstock

图片来自shutterstock。

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