Categories: News

RhoVac terminates its stock liquidity provision service and announces the last day for trading in the convertible

RhoVac AB (“RhoVac”), announces today that the company with effect from 13 July has terminated its agreement with Sedermera on a liquidity provision service for the company’s stock. The first trading day without a liquidity provision will be July 14, 2022. Furthermore, the company announces that the last day for trading in the company’s convertible is July 13, 2022.

Pending a final decision regarding the company’s future, RhoVac has decided to terminate the agreement with Sedermera regarding stock liquidity provision. In practice, the liquidity provision means a guaranteed available volume in the share and that the difference between the bid and ask price will not be too great. However, at present the company does not consider that such a provision is necessary, and the agreement therefore expires on 14 July 2022.

Furthermore, the company announces that July 13 is the last day for trading in the convertible. The company will return shortly regarding an accelerated repayment plan for the convertible loan.

Recent Posts

Google and News Corp’s AI Content Partnership: Unveiling a Symbiotic Relationship

In a move that could reshape the landscape of content creation and distribution, tech giant…

21 mins ago

Amazon Faces Pressure to Offer Dividends Amid Peer Trends

As one of the leading e-commerce giants, Amazon.com finds itself increasingly under scrutiny to provide…

2 hours ago

Nvidia’s Dominance and Its Impact on the U.S. Stock Market

Nvidia Corp (NVDA.O) has emerged as a pivotal player in the U.S. stock market, symbolizing…

2 months ago

Sarah Callery Takes the Helm as Head of Sales

Clinch, a pioneer in recruitment marketing solutions, is thrilled to announce the appointment of Sarah…

4 months ago

Bitget Introduces Spot P2P Market

Bitget, a global leader in the cryptocurrency exchange and Web3 space, has made waves with…

4 months ago

HPE Welcomes New CFO as Tech Industry Faces Turbulence: A Deep Dive into the Latest Leadership Changes

In a strategic move that reverberated across the tech industry, Hewlett Packard Enterprise (HPE) announced…

5 months ago

This website uses cookies.