Why Sify Technologies Stock Is Falling Sharply
Why Sify Technologies Stock Is Falling Sharply
Sify Technologies Limited (NASDAQ:SIFY) shares are trading lower by 24% to $0.63 during Monday's session after the company announced the voluntary delisting date of its ADS rights from Nasdaq.
Sify Technologies Limited（納斯達克：SIFY）的股票在週一的交易中下跌了24%，跌至0.63美元，此前該公司宣佈其ADS權利的自願除牌日期從納斯達克除牌。
This follows a rights offering, where holders of ADSs received transferable rights to subscribe for new equity shares in the form of ADSs, trading under the symbol SIFYR from June 7, to June 18. The ADS Rights will be delisted after 4:00 p.m. on June 18 to give holders time to exercise or sell their rights before they expire on June 21.
在此之前，該公司進行了配股，ADS的持有人獲得了可轉讓的權利，可以在6月7日至6月18日期間以SIFYR作爲標的進行認購新的ADS形式股票。ADS權力將於6月18日下午4點後除牌，以讓股東有時間行使或在6月21日到期前賣出其權利。
The company will not seek listing on another exchange and plans to file a Form 25 for the delisting.
該公司將不尋求在其他交易所上市，計劃申請除牌的表格25進行除牌。
According to data from Benzinga Pro, SIFY has a 52-week high of $3.37 and a 52-week low of $0.57.
根據Benzinga Pro的數據，SIFY的52周最高價爲3.37美元，52周最低價爲0.57美元。
譯文內容由第三人軟體翻譯。