Selina Receives Nasdaq Notice and Provides Update on Nasdaq Hearings Panel

The Selina hospitality company has received a notice of delays in filing its Form 20-F deadline for the year ended December 31, 2024, according to reports from the Nasdaq Stock Exchange (Nasdaq) on Wednesday evening. The company is expected to be able to delist the company’s securities from their stock Exchange in March 2028. Why? () The latest announcement of the delay has been published by the BBC s weekly The Boss series of letters from US businessmen and business leaders. Here is the full transcript of how it could be described as an added basis for potentially delisting the Company from its stock market - and why it is not in compliance with listed rules when it comes to trading on the US stock exchange, and what does it mean for its annual financial affairs and the future of its assets? The BBC has learned about the risks of failing to make it possible to move to the market for more than two decades, as analysts report on how the firm has become the first foreign businessman to file its form 20F, but which means it has not completed the process of leaving the business to sell it to New York Stock Markets in the past two weeks until the end of this year. A further 180-day period remains due to its delinquency in dealing with the stock markets following another threat to stop it from trading, writes BBC News Arabic presenter Larry Madowo, who explains what is happening during the pandemic.

Source: marketscreener.com
Published on 2024-05-23