Life at the Top

Chapter 895

Just as countless investors and funds began to feel afraid from the large drop in Sena’s share price, the Nasdaq Exchange published three official statements in a row.

The first was to inform all investors that Sena’s share price was currently undergoing extreme oscillations and were highly risky. Thus, investors were reminded to invest cautiously.

This was essentially an official statement of utter nonsense. It served no purpose other than to remind people of its existence.

The second statement was that Sena had already applied for a special procedure with the Review Committee due to major asset restructuring. As of that moment, the Committee was currently reviewing Sena’s application to ensure that it complied with Nasdaq’s trading regulations.

When they read this statement, many people let out an unsurprised smile.

Sena had indeed panicked at such a time.

There were only so many outcomes when a public company applies for a major asset restructuring with the exchange center.

percent chance that Sena

goes through asset restructuring, it was not uncommon for it to experience a trading halt for a few

a

everyone could tell that Sena was unable to endure the plummet

heads at this. They wondered if something was wrong with

trust was the reason for the drop in share prices. Yet, instead of releasing good news, Sena had

a trading halt would only result in even

and the day Sena resumes trading would be the day Sena’s valuation will

a

Sena’s decision-makers, these people then clicked on

few lines, the third statement had everyone

from Nasdaq’s Review Committee, Somerland’s JW Capital Ltd. Co. had invested 1 billion Somer

their major asset restructuring situation was proven true, and so, special

procedures, effective immediately, and Sena’s shares would not be

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