CYREN Ltd.: Nasdaq/NYSE listing notice — Cyren to liquidate, Nasdaq to delist shares; trading suspended March 3, 2023

CYREN Ltd.

Board resolved to cease all activities, terminate all remaining employees, and apply for liquidation in Israel.
Nasdaq determined to delist Cyren's securities; company will not appeal the determination.
Trading of ordinary shares will be suspended at opening on March 3, 2023; Nasdaq to file Form 25-NSE.
Company cautions that trading is highly speculative and may bear no relation to actual recovery.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

CYREN Ltd. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5110(b), IM-5101-1

Exact text from the filing

law, and commence applicable liquidation, assignment and/or insolvency proceedings for each of the subsidiaries of the Company. In light of the planned liquidation, on the same day, the Company received written notice from Nasdaq, advising it that based upon Nasdaq’s review and pursuant to Listing Rule 5101, 5110(b) and IM-5101-1, Nasdaq has determined to delist the Company’s securities from The Nasdaq Stock Market. The Company does not plan to appeal Nasdaq’s determination. Therefore, the Company expects, based on Nasdaq’s written notice, that the trading of the Company’s ordinary shares wil

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Source: SEC EDGAR

accession 0001213900-23-013678

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