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The latest announcement is out from Movella Holdings (MVLA).
Movella Holdings Inc. is taking its shares off The Nasdaq Stock Market, with trading to halt on April 2, 2024, before markets open. The company plans to move its securities to over-the-counter trading, with expectations to have them quoted on the OTC Markets Group platform around April 12th. However, there’s no guarantee that brokers will maintain a market for these securities or that any trading will continue after the delisting. This move is part of Movella’s strategic plan, but it comes with forward-looking statements that carry inherent risks and uncertainties, as detailed in their SEC filings.
For an in-depth examination of MVLA stock, go to TipRanks’ Stock Analysis page.