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    Home > Biochemistry News > Microbiology News > What about the Swiss shares in the hands of those investors after Mr. Rui's exit?

    What about the Swiss shares in the hands of those investors after Mr. Rui's exit?

    • Last Update: 2020-07-10
    • Source: Internet
    • Author: User
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    On Monday, Ruiyu Coffee was suspended from trading on Nasdaq and delisted for the record, Ruiyu Coffee officially delistedthe small blue cup, which went on sale 19 months ago, eventually set a record for the 13-month listingnow, The company's shares are trading at $1.38 on the day of the de-listing, with a market capitalisation of just $347m, a fraction of the market value of the peak of 10bn, what about the swiss stocks in the hands of those investors after The Return of Ruiyu?first and foremost, what is de-listingNASDAQ implemented a "market-oriented" de-listing mechanism, best known as the "$1 de-listing standard", that is, if the share price of a listed company for 30 consecutive days below $1, must restore the share price to more than $1 within the specified time, or you will receive a delisting noticeas early as June 17, NASDAQ issued a second delisting notice for Rye Coffeeand delisted, which is common in the United States, with a cumulative number of U.Slisted companies from 1980 to 2017 to 26,505, and 14,183 delisted companies, accounting for 54%Of these, more than 10,000 companies have been delisted on NASDAQsecond, de-listing does not mean that stocks lose valuethere is no doubt that the de-listing, so that the stock price of Ruiyu coffee plummeted, investors suffered heavy lossesbut delisted, only on behalf of The Stock can not be traded on the NASDAQ, that isin the U.Sstock market, companies can still choose to trade on the otcis market after they are delistedas of 10 p.m Beijing time on the 29th, Ruiyu fell 6.52 percent to $1.29 in over-the-counter trading, with a turnover of $4.33 million even if Risto coffee chooses to be acquired and privatized, investors' shares will not be watered down just, there is a great probability that it will still be very bad investors want to recover losses, the most direct and effective way to do is a class action this is also the top priority that Swiss has to deal with after it has left the market the company's share price has fallen from $50 to $1, and it is a rough estimate that the legal claims it faces could be more than $10 billion unfortunate, the company's earnings show that as of the third quarter of last year, its liquidity was only 6.355 billion will certainly be less, much less, now so, ten billion dollars of claims, Ruiyu certainly can not afford to pay to avoid Rui's broken cans and file for bankruptcy directly, the possibility of a settlement is greater as to how much compensation can be paid after the settlement, it depends on the outcome of the subsequent tug-of-war between the two sides however, it is foreseeable that investors' claims are on a long road, and that in the next year or two, or even longer, lawsuits against Ruiyu will come out as news from time to time Source: Internet
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