Notice Regarding Effectiveness of Delisting of American Depositary Shares from the NASDAQ Exchange
April 22 2019 - 2:05AM
Internet Initiative Japan Inc. (“IIJ”) announced that, further to
its announcement “Notice Regarding the Scheduled Delisting of
American Depositary Shares from the NASDAQ Exchange” on April 1,
2019, IIJ has filed Form 25 with the U.S. Securities and Exchange
Commission (“the SEC”) for delisting from the NASDAQ exchange
(“NASDAQ”) and deregistration from the SEC on April 11, 2019
(Eastern Time in the U.S.), and the delisting of IIJ’s American
Depositary Shares (“ADSs”) from the NASDAQ became effective on
April 22. With the effectiveness of delisting, today, IIJ will file
Form 15F with the SEC to terminate its disclosure obligations under
the U.S. Securities Exchange Act of 1934, as amended (the “Exchange
Act”).
- Effective Date of Delisting
from the NASDAQ (Eastern Time in the U.S.)April 22,
2019
- After DelistingEven after delisting
its ADSs from the NASDAQ, IIJ intends to maintain its American
Depositary Receipt Program in the U.S. through a depositary bank;
therefore, IIJ anticipates that its ADSs should continue to be
traded in the U.S. on the over-the-counter market. Regarding IIJ’s
ticker symbol for the U.S. over-the counter market, IIJ is notified
it would be “IIJIY.” Same as now, a depositary bank will continue
to handle conversion from ADS to our ordinary share traded in the
Tokyo Stock Exchange which will still be available through the
conversion ratio and process such as cash dividend payment.While
IIJ’s reporting obligations under the Exchange Act (including the
obligation to file annual reports on Form 20-F) should be
terminated, IIJ will continue to disclose financial statements and
other information as translation in English on its IR website in a
timely manner to ensure that its overseas shareholders and
investors should continue to have appropriate information about
IIJ.
- Termination of Registration with the
SECTermination of registration of IIJ’s ADSs with the SEC
is expected to become effective on July 10, 90 days after the
filing of Form 25. IIJ’s disclosure obligations under the Exchange
Act will be suspended after IIJ’s filing of Form 15F and
termination of such obligations is expected to become effective on
July 21, 90 days after the filing of Form 15F.In the case that the
SEC requests an extended review, objects to the delisting or for
other reasons, the anticipated effective dates may change.
- Stock Exchange on which IIJ Maintains its
ListingsTokyo Stock Exchange
- Contact
Information for Inquiries regarding IIJ’s ADSs
|
Name of Depositary Bank |
The Bank of New York Mellon (U.S.)Depositary Receipts |
|
Phone |
1-888-269-2377 (U.S. toll free) |
|
|
1-201-680-6825 (International.) |
|
|
(Available Monday through Friday, from 9:00am to 5:00pm, U.S.
Eastern Time.) |
|
Website |
www.adrbnymellon.com |
|
|
www.mybnymdr.com |
|
Mail |
shrrelations@cpushareownerservices.com |
|
Note: Those holding ADRs directly with the depositary bank may
contact the above mentioned BNY Mellon Depositary Receipts with
their account number for identification purposes. Those holding
ADRs through other means such as brokers should contact such
brokers with questions. |
About IIJ
Founded in 1992, IIJ is one of Japan's leading
Internet-access and comprehensive network solutions providers. IIJ
and its group companies provide total network solutions that mainly
cater to high-end corporate customers. IIJ's services include
high-quality Internet connectivity services, systems integration,
cloud computing services, security services and mobile services.
Moreover, IIJ has built one of the largest Internet backbone
networks in Japan that is connected to the United States, the
United Kingdom and Asia. IIJ listed on the First Section of the
Tokyo Stock Exchange in 2006.
For inquiries, contact:IIJ Investor Relations
Tel: +81-3-5205-6500 E-mail: ir@iij.ad.jp URL:
https://www.iij.ad.jp/en/ir
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