News

Almacenes Éxito to Delist from NYSE and Focus on Colombian Market

An announcement from Almacenes Exito SA Sponsored ADR ( (EXTO) ) is now available. Almacenes Éxito S.A., a major player in the retail industry, has announced its decision to voluntarily delist its American Depositary Shares (ADSs) from the New York Stock Exchange (NYSE) and deregister its securities under the U.S. Securities Exchange Act of 1934. This strategic move aims to consolidate the company’s stock in its primary market, Colombia, to enhance liquidity and increase shareholder returns. The

Taoping says Nasdaq grants additional 180 calendar day period for compliance

Taoping (TAOP) announced that on December 19, it received notification from The Nasdaq Stock Market confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through June 16, 2025. To regain compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5810(c)(3)(A), the closing bid price of the company’s ordinary shares needs to be at least $1.00 per share or greater for at least ten consecut