Notice Regarding the Scheduled Delisting of American Depositary Shares from the NASDAQ Exchange
INTERNET INITIATIVE (IIJI)
US:NASDAQ Investor Relations:
iij.ad.jp/en/ir
Company Research
Source: GlobeNewswire
TOKYO, April 01, 2019 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. ("IIJ", NASDAQ: IIJI, TSE1: 3774) announced that further to its announcement on February 7, 2019 regarding its intention of delisting from the NASDAQ Exchange (“NASDAQ”), IIJ has notified the NASDAQ on April 1, 2019 (Eastern Time in the U.S.) that IIJ will apply for voluntary delisting of its American Depositaries Shares (“ADSs”) from the NASDAQ. Please see below for details. Reasons for DelistingIIJ listed its ADSs on the NASDAQ in August 1999. While it was quite rare in Japan for Internet-related companies to be listed, Internet-related companies were expanding their businesses through capital market financing in the U.S.A. Since the listing, along with business expansion, IIJ has made efforts to enhance disclosure for shareholders and investors, to comply with the disclosure requirements of the U.S. Securities laws and regulations, to prepare consolidated financial statements in accordance with the genera
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