Enechange Ltd. (JP:4169) has released an update.
ENECHANGE Ltd. failed to meet the Tokyo Stock Exchange’s Continued Listing Criteria in the fiscal year 2023 due to negative net assets. To retain their listing, they must have positive net assets by December 2024. The company is undertaking initiatives, including a capital increase through third-party allotment, to improve their financial position and meet the required criteria.
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