Crown PropTech (CPTK) has released an update.
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Crown PropTech Acquisitions is facing delisting from the New York Stock Exchange after failing to meet listing standards due to not completing a business combination within the required timeframe. The company’s securities have been suspended and are expected to be delisted, with plans to move trading to the OTCQX market. Shareholders approved an extension proposal allowing the company until August 11, 2024, to complete a business combination.
For further insights into CPTK stock, check out TipRanks’ Stock Analysis page.
