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.

was a ninety percent chance that Sena was making preparations for a

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

was a reasonable

current situation, everyone could tell that Sena was unable to endure the plummet in share

more experienced and skilled traders began to shake their heads at this. They wondered if something was wrong with Sena’s

prices. Yet, instead of releasing good news, Sena had decided to avoid the battle. This would only shatter the

halt would only result in even more severe consequences, with more

could not halt trading forever, and the day Sena resumes trading would be the day Sena’s valuation will be completely

was a

these people then clicked on the third

third statement had

stated that after review from Nasdaq’s Review Committee, Somerland’s JW Capital Ltd. Co. had invested 1 billion Somer Dollars into Sena as its majority shareholder to increase the issues

was proven true, and so, special procedures had been

would not

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