SYLA Technologies Approves Share Exchange with CUMICA CORPORATION
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SYLA Technologies Co., Ltd. has approved a Share Exchange Agreement with CUMICA CORPORATION during an Extraordinary General Meeting on February 14, 2025. This agreement will make CUMICA the parent company of SYLA, effective June 1, 2025, resulting in the delisting of SYLA’s American Depositary Shares on May 29, 2025. Shareholders are advised to review upcoming procedural details. SYLA operates in the technology sector and is listed on NASDAQ under the code SYT, with a current market cap of $43.23M and a year-to-date price performance of -18.50%.
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