Asteria (TYO:3853) said it failed to meet the Tokyo Stock Exchange's Prime Market listing requirement for tradable share market capitalization as of March 31, and is now preparing a backup plan to transition to the Standard Market, according to a Friday filing on the Tokyo Stock Exchange.
The company met all other Prime Market listing criteria and plans to regain full compliance by March 2026.
As a contingency, it will submit a Standard Market application, having already cleared all relevant requirements, including profitability and market capitalization.
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