JAPAN EXCHANGE GROUP, INC. The following issue has entered into a grace period pertaining to delisting.
| １．Issue Name |
AXEL MARK INC. stock (Code: 3624, Market: Mothers ) |
| ２．Grace Period | From Oct. 01, 2020 (Thu.) to Sep. 30, 2021 (Thu.) |
| ３．Reason |
Due to confirmation of liabilities in excess of assets as of the end of the business year (Sep. 30, 2020) on the consolidated balance sheet in the Securities Report submitted today (Securities Listing Regulations, Rule 603, Paragraph 1, Item 3, Main Clause). |
- ･Considering the impact from the COVID-19 outbreak, Rule 726 of the Securities Listing Regulations was implemented on Apr. 21, 2020 to extend the grace period pertaining to delisting from one year to two years. If the Company announces improvement plans for eliminating liabilities in excess of assets, the grace period for the Company may be extended pursuant to these provisions.
Designation History of Issues in a Grace Period
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Japan Exchange Group Inc. published this content on 22 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2020 07:44:01 UTC
