8VI Holdings (ASX:8VI) has requested a trading halt on the Australian Securities Exchange. This halt is due to an impending announcement regarding their application to be delisted from the ASX. The halt will last until the company provides further information or until normal trading begins on 23 December 2024.
8VI Holdings Limited has initiated a trading halt on the ASX in anticipation of a significant announcement about its potential delisting. The company has complied with ASX Listing Rule 17.1 in making this request. The halt will remain in place until 8VI Holdings releases more information or regular trading resumes on 23 December 2024. This decision suggests a strategic shift for 8VI Holdings, which may lead to changes in its market operations and could impact its shareholders. The company is adhering to regulatory procedures while preparing to disclose key corporate developments.
The trading halt was requested by 8VI Holdings Limited to manage the release of sensitive information regarding its delisting from the ASX. 8VI Holdings Limited stated that it is not aware of any reason why the trading halt should not be granted and has no other information to provide regarding the halt.