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21:23
SharonAI Holdings Inc. has filed documents with the SEC clarifying that a recently released revision does not affect the company's previously published financial statements.
This revision is a routine information disclosure intended to ensure the accuracy and completeness of the company's announcements. According to the submitted documents, the company's financial condition and operating results remain unchanged from the levels reported previously.
21:23
According to the latest filing with the U.S. Securities and Exchange Commission (SEC), SharonAI Holdings Inc. has officially disclosed the detailed structure of its dual listing plan.
The company plans to achieve dual listing by issuing CHESS Depositary Interests (CDIs), with each CDI representing one Class A ordinary share. This arrangement means investors can indirectly invest in the ordinary shares of SharonAI Holdings Inc. by holding CDIs, while also benefiting from the flexibility of trading on multiple exchanges. The use of the CHESS depositary interest mechanism helps to simplify cross-border settlement processes and provides a more convenient investment channel for international investors. Currently, this dual listing proposal has entered the regulatory approval stage, and the specific implementation timeline will be determined further based on the regulatory requirements of the relevant markets.
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