FINWIRES · TerminalLIVE
FINWIRES

Clinuvel Pharmaceuticals Advances Nasdaq ADR Uplisting With US SEC Review Underway

By

-- Clinuvel Pharmaceuticals (ASX:CUV) said it is working with the US Securities and Exchange Commission (SEC) on its draft registration statement as it advances plans to uplist its American depositary receipt (ADR) program on the Nasdaq stock market, according to a Tuesday filing with the Australian bourse.

The company received four rounds of US SEC comments and expects the review process to be completed before the end of the fiscal year, after which it plans to upgrade its ADR program to level two from level one and list on Nasdaq under the revised ticker "CUVL," per the filing.

The company stated that the uplisting is still subject to regulatory approval and Nasdaq requirements, and that its success and timing are not guaranteed, the filing added.

Related Articles

Asia

EPS Creative Health Renews Product Purchase Framework With Parent-Linked Supplier

EPS Creative Health Technology (HKG:3860) unit EP Trading entered into a framework purchase agreement with EPS Americas to procure laboratory consumables for three years through March 2029, according to a Monday Hong Kong bourse filing.Shares of the firm were up nearly 2% in Tuesday morning trade.The agreement replaces a prior arrangement that expired on March 31 and covers products, including animal testing consumables such as purified diets, bedding, cages, and related supplies.Proposed annual caps are set at HK$33 million for 2027, HK$36 million for 2028, and HK$39 million for 2029.EPS Americas is a subsidiary of the company's controlling shareholder, EPS Holdings, the filing said.

$HKG:3860
Asia

Elsight Says Halo Connectivity Platform Granted US Blue List Status, Shares Up 5%

Elsight (ASX:ELS) said its Halo connectivity platform has been included in the US Department of War's Defense Contract Management Agency (DCMA) Blue List, a directory of approved National Defense Authorization Act (NDAA)-compliant unmanned aircraft systems and components, according to a Tuesday Australian bourse filing.The company said the clearance confirms that Halo meets the Department of War's standards for operational reliability, enabling US military units to procure Halo directly through the DCMA acquisition marketplace, bypassing traditional government acquisition cycles.The Blue List inclusion is expected to increase adoption and deployment velocity in US military and allied unmanned aircraft system (UAS) programs, the company added.The company's shares rose 5% in recent Tuesday trade.

$ASX:ELS
Asia

NZX Midday Sector Update: Electronic Technology Advances, Industrial Services Decline

Electronic technology shares gained the most on New Zealand's Exchange, rising past 2% by midday Tuesday.Shares of ikeGPS Group (NZE:IKE, ASX:IKE) rose almost 5% in recent trade.On the flip side, the industrial services sector struggled, shedding nearly 4%.Ventia Services Group (NZE:VNT, ASX:VNT) shares fell 6% in recent trade.

$^NZ50$ASX:IKE$ASX:VNT$NZE:IKE$NZE:VNT