On the forthcoming delisting of ordinary shares of Talis Biomedical Corporation (TLIS)
Information regarding the QI's status on the foreign stock exchange
The International Trading System Limited (hereinafter – ITS) hereby informs on the forthcoming delisting of ordinary shares of Talis Biomedical Corporation (TLIS) (hereinafter – QI) from The Nasdaq Stock Market LLC (hereinafter - Nasdaq).
On September 20, 2024 Nasdaq filed Form 25-NSE with the SEC to remove TLIS common stock from listing and registration on Nasdaq, following a voluntary petition by the Talis Biomedical Corporation to commerce bankruptcy proceedings.
More detailed information may be found on the SEC official website.
Information regarding the actions taken by ITS Ltd.
ITS has established that delisting of the QI from Nasdaq constitutes a breach of ITS Regulations on admitting financial Instruments to Trading and, in view of the inability to regain compliance by Talis Biomedical Corporation, made a decision to terminate trading in the QI effective October 25, 2024.