Codere Online stands firm against Nasdaq delisting
Sports Game · 2024-11-20
Codere Online stands firm against Nasdaq delisting
Codere Online has received a warning from the Nasdaq Exchange regarding the potential delisting of its securities.
Nasdaq cited Codere Online’s failure to meet its listing obligations, specifically its inability to file a Form 20-F providing corporate accounts for the year ending 31 December 2023. This constitutes a violation of Nasdaq’s Listing Rule 5250.
As a result, Codere has been issued a warning by Nasdaq’s Listing Department, signalling the possible termination of its securities on the global exchange.
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