By Michael Susin
Shares in Microsaic Systems plummeted Thursday after the company said trading in its shares will be suspended from Monday as its 2022 earnings won’t be published before Friday’s deadline.
Shares at 1506 GMT were down 25%, at 0.01 pence.
The U.K. technology company said it is working to complete a fundraising and will seek the reinstatement of its shares to trading shortly afterward.
The company originally expected to release its results during the first half of May.
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