DelistingAug 7, 2026, 05:17 PM
AXIA Energia ADRs Begin OTC Trading; Files for SEC Deregistration
AI Summary
AXIA Energia S.A. announced that its American Depositary Receipts (ADRs) have commenced trading on the U.S. over-the-counter (OTC) market under new ticker symbols AXIAY for Common Shares and AXICY for Class C Preferred Shares. Concurrently, the company filed Form 15F with the U.S. Securities and Exchange Commission (SEC) to terminate its registration and suspend its reporting obligations. The deregistration is anticipated to become effective 90 days following the filing.
Key Highlights
- AXIA Energia's American Depositary Receipts (ADRs) commenced trading on the U.S. over-the-counter (OTC) market.
- Common Shares ADRs now trade under the ticker symbol AXIAY.
- Class C Preferred Shares ADRs now trade under the ticker symbol AXICY.
- The company filed Form 15F with the SEC to terminate its registration under Section 12(g).
- The filing also suspends its reporting obligations with the SEC.
- Deregistration and termination of reporting obligations are expected to be effective 90 days after the filing.
Price Impact
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