Raksul Delisting Is Now Set: Shareholders Clear Goldman-Backed MBO’s Final Step
Shareholders at Raksul Inc. on Tuesday signed off on a share consolidation and accompanying amendments to the company charter, paving the way for the Japanese digital printing firm’s exit from the Tokyo Stock Exchange Prime Market. Timing’s key here. Raksul announced its shares will be tagged for delisting as securities from May 12 to May 28, with removal from trading slated for May 29. Once delisted, the shares drop off the Prime Market and won’t trade there anymore.