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The latest announcement is out from V-cube, Inc. ( (JP:3681) ).
V-cube, Inc. announced a delay in releasing its financial results for the fiscal year ending December 2024, due to the IPO of its U.S. subsidiary, TEN Holdings, Inc., on NASDAQ. This strategic move, which is expected to generate cash proceeds and a gain on the sale, necessitated a thorough evaluation of market conditions and financial impacts, thereby extending the disclosure timeline beyond 50 days post fiscal year-end. The company plans to improve its financial disclosure processes to ensure timely reporting in the future, aiming for a 45-day post-year-end timeline.
More about V-cube, Inc.
V-cube, Inc. operates in the technology industry, focusing on digital communication solutions. The company offers a range of services including web conferencing, virtual event hosting, and remote work solutions, catering primarily to businesses and educational institutions aiming to enhance their digital interaction capabilities.
YTD Price Performance: 30.97%
Average Trading Volume: 590
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €38.25M
For detailed information about 3681 stock, go to TipRanks’ Stock Analysis page.
