NASDAQ launched digital currency in early 19
NASDAQ is ready to develop digital currency, which is its normal response to digital assets.
It is reported that Nasdaq has applied to US regulators to amend the rules to allow companies to raise funds through direct listing instead of IPO
According to the proposal of the New York Stock Exchange in June, the opening price of listed companies' shares must be within the proposed price range According to iposcoop data, as of August 21, there were 109 IPOs in the United States so far this year, except for special purpose acquisition companies (SPAC). According to the media's calculation of iposcoop data, the average rise of these stocks on the first day of listing was 35.7%venture capital investors, including benchmark's bill Gurley, have criticized the form of IPO, saying that IPO allows banks to sell shares to customers at a discount, and their customers can get huge profits when the shares start trading
On the evening of May 19, NASDAQ informed lucky coffee that it had to delist, according to Reuters
lucky coffee was launched in the United States in early 2019. The company announced last month that an internal investigation revealed that its chief operating officer and other employees had forged sales agreements
Lucky coffee also announced on the evening of May 19 that the company received the delisting notice from the NASDAQ Exchange on May 15 and plans to hold a hearing on it. Before the hearing results are released, it will continue to be listed on Nasdaq, and the hearing is usually scheled to be held 30 to 45 days after the hearing request date
extended information
lucky coffee fraud incident:
on April 2 this year, lucky coffee announced the establishment of a special committee to conct an internal investigation into the company's coo Liu Jian and several other employees' fabricating transactions
lucky coffee said that ring the period of auditing the company's consolidated financial statements for the financial year ended December 31, 2019, some issues aroused the attention of the board of directors, and the special committee will supervise the internal investigation of these issues. It was also because of this incident that the share price of lucky coffee was shocked on April 2, with the opening price plummeting by 78.5%, even triggering a fuse
On the afternoon of April 5, lucky coffee issued a statement of apology for the recent financial fraud incident, saying that the senior executives and employees involved in financial fraud have been suspended for investigation. The company will disclose the investigation results to the public as soon as possible, and take all necessary remedial measures, and will not evade all the problems brought about by this incidenton the issue of cross-border regulatory cooperation involved in the lucky coffee incident, the CSRC said on the evening of April 27 that the CSRC has always held a positive attitude towards cross-border regulatory cooperation and supported overseas securities regulatory agencies to investigate and deal with financial fraud of listed companies within their jurisdiction