The trading symbol of Tapsi company has been suspended on the OTC. This suspension was carried out in order to check the information transparency situation of Tapsi and it will continue until the 25th of December 2023 at the latest. During this time, the trading symbols of Tapsi options contracts have also stopped
According to the Iran digital economy annotation, The reason for the suspension of the trading symbol Tapsi in OTC is to check the information transparency situation of the publisher, that is, Tapsi Company (called Tapsi 1). This suspension has been done in order to ensure accurate and up-to-date information to shareholders and stock market traders.
Typically, stock market trading suspensions occur when there is a need for further investigation of financial information, management changes, mergers, acquisitions, or other important matters related to the company. This action is done in order to protect the interests of shareholders and create transparency in the stock market.
Until the concerns are resolved and complete and clear information is provided, the Tapsi trading symbol will be suspended.
It was less than a month ago that the news came that Golrang industrial group bought a major part of Tapsi’s shares. The news was denied by Tapsi’s public relations and the company published a notice to this effect in Codal. The purchase of 100% of the shares of companies such as Alopeyk (in the field of transportation) and the establishment of Ofood by Golrang in order to compete with Snappfood, has strengthened the suspicion of marshalling of one of the largest long-standing private sector companies in Iran’s startup ecosystem; An analysis that Golrang has been silent about so far.
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