other_material
confidence high
sentiment neutral
materiality 0.80
Pacific Green voluntarily delists from OTC and terminates SEC registration
Pacific Green Technologies Inc.
- Board unanimously determined to voluntarily delist common shares from OTC and terminate SEC registration.
- Form 15 to be filed on or around July 14, 2025 to suspend all Exchange Act reporting obligations.
- Company cites cost savings and strategic realignment; will focus on 12GWh battery storage projects in Europe and Australia.
- Chairman Scott Poulter says benefits of deregistration outweigh those of maintaining OTC quotation.
item 3.01