In today’s briefing:
- Transition to Regional Stock Exchange Means Continued Unhappy History for Shareholders

Transition to Regional Stock Exchange Means Continued Unhappy History for Shareholders
- Many companies that cannot meet listing criteria have challenges with their tradable stock market capitalization in Prime markets, both in Standard markets, and tradable share ratios in Growth markets.
- As a result of the market restructuring, the role of regional securities exchanges became a “receptacle” for ensuring trading of shares of companies that cannot meet the TSE listing criteria.
- For a company that considers the purpose of a stock listing to be to improve the company’s credibility and name recognition, going private or an MBO isn’t on their mind.
