SINOVACAnnouncesNewBoardPursuanttoPrivyCouncilJudgmentandOrder
===2025-3-3 10:16:26===
ng the value for all shareholders. Under the leadership of the New Board, the Company is determined to maintain transparency and uphold high standards of corporate governance.
As a result of the invalid poison pill agreement implemented by the former directors, trading in SINOVAC’s shares has been halted over the past six years. The New Board is in communication with Nasdaq and is working diligently to respond to Nasdaq’s questions and requests so as to provide for continued listing of the Company’s shares. Moreover, the New Board has initiated the process to cancel invalid Exchange Shares and to determine the valid shares issued and outstanding in order to achieve trading resumption.
The Company will also provide a business update in due course.
About the Judgment from the Privy Council
Enclosed for your information is a link to the full text of the Judgment:https://jcpc.uk/uploads/jcpc_2022_0041_0062_judgment_d94de5cc2a.pdf
About SINOVA
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