Why American Lithium (AMLI) Stock Is Getting Hammered
Why American Lithium (AMLI) Stock Is Getting Hammered
The decision, approved by the Board of Directors, reflects a strategic shift to reduce costs and administrative burdens associated with Nasdaq and SEC compliance. American Lithium Corp (NASDAQ:AMLI) shares are trading lower by 29% to 44 cents during Wednesday's session after the company announced plans to voluntarily delist its shares from the Nasdaq Capital Market.
美国锂矿公司（纳斯达克：AMLI）在周三的交易中，股价下跌29%，至44美分，此前公司宣布计划自愿从纳斯达克资本市场退市。
What Else: The company will file Form 25 for delisting and deregistration on or about December 20, with Nasdaq trading ceasing on December 27, 2024.
其他事项：该公司将于12月20日左右提交25号表格以申请退市和注销，纳斯达克的交易将在2024年12月27日停止。
The company's shares will remain listed on the TSX Venture Exchange and Frankfurt Stock Exchange. American Lithium has also applied for its shares to trade on the OTCQX Markets in the U.S., aiming for a seamless transition post-Nasdaq delisting.
该公司的股票将继续在TSX创业公司交易所和法兰克福证券交易所上市。美国锂矿还申请在美国的OTCQX市场交易，旨在实现在纳斯达克退市后的顺利过渡。
The decision, approved by the Board of Directors, reflects a strategic shift to reduce costs and administrative burdens associated with Nasdaq and SEC compliance.
这一决定得到了董事会的批准，反映了减少与纳斯达克和SEC合规相关的成本和行政负担的战略转变。
Factors influencing this move include high compliance costs, limited benefits from U.S. market participation due to low institutional interest and share liquidity, and constraints on raising equity capital or pursuing acquisitions in the U.S. market.
影响这一举动的因素包括高额的合规成本、由于机构参与度低和股权流动性差而限制美国市场参与的有限好处，以及在美国市场筹集股本或追求收购的限制。
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According to data from Benzinga Pro, AMLI has a 52-week high of $1.29 and a 52-week low of $0.32.
根据Benzinga Pro的数据，AMLI的52周最高价为1.29美元，52周最低价为0.32美元。
