CURRENT MOTOR Corporation [7690.T]
TOKYO, Jun 15 (Pulse News Wire) – CURRENT MOTOR Corporation (7690.T) disclosed its intentions to pursue listing on the Tokyo Stock Exchange's general market, targeting around late 2028. At a board meeting held on June 15, the company outlined its strategy to gradually prepare for a broader market listing through the TOKYO PRO Market (TPM).
The primary goals include enhancing corporate governance and internal controls, boosting brand recognition and social credibility, and diversifying funding sources while strengthening financial foundations. CURRENT MOTOR envisions transitioning to either the Tokyo Stock Exchange’s main market or the Nagoya Stock Exchange.
However, the exact timeline remains flexible based on ongoing preparations and regulatory reviews conducted by lead underwriters. As of now, the company has achieved several milestones towards its objectives, such as listing on the TOKYO PRO Market in May 2020 and selecting lead underwriting firms in April 2021.
It continues to progress through necessary regulatory checks and plans to apply for general market listing once these processes conclude successfully.
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