Burning rock biotech limited announces expected delisting of american depositary shares

Guangzhou, china, aug. 19, 2024 (globe newswire) -- burning rock biotech limited (the “company” or “burning rock”) announces that, on august 19, 2024, it intends to submit requests (a) to the london stock exchange (the “lse”), to cancel the admission to trading on the main market of its american depositary shares representing the class a ordinary shares of the company (the “adss”), and (b) to the uk financial conduct authority, to cancel the listing of the adss on the official list. as a result of sustained low volume of trading and liquidity in the adss on the lse, and taking into account the costs associated with maintaining such listing in place, the company is seeking the delisting and cancellation of admission to trading of the adss from the lse (the “delisting”).
BNR Ratings Summary
BNR Quant Ranking