Recent Updates
Recently added Catalysts
BHST Positive Sentiment

BioHarvest Sciences Announces Voluntary Delisting from CSE

Key Takeaway: BioHarvest Sciences Inc. has announced its voluntary delisting from the Canadian Securities Exchange (CSE), effective February 14, 2025. The company believes that the costs and efforts associated with maintaining a dual listing are no longer justified. This move aims to consolidate trading on the Nasdaq, potentially improving liquidity and shareholder value.
Price reaction · baseline $5.95 (2025-02-10 close) · hit pre-market · 3 other BHST headline(s) in the window, move may be shared
day 0 close · peak
-4.7%

Market Sentiment Analysis

POSITIVE FACTORS

  • Delisting from CSE aims to reduce administrative burdens.
  • Consolidation of trading to Nasdaq expected to enhance liquidity.
  • Management believes this decision will benefit shareholder value.

Full Press Release Details

Vancouver, British Columbia and Rehovot, Israel – February 10, 2025 – BioHarvest Sciences Inc. , (Nasdaq: BHST) (CSE: BHSC) (FSE: 8MV0) (“BioHarvest” or “the Company”), a company pioneering its patented Botanical Synthesis technology process, today announced that that it has applied and received approval for a voluntary delisting of its common shares from the Canadian Securities Exchange (“CSE”). The delisting from the CSE will not affect the company’s listing on the Nasdaq Global Market. The common shares will continue to trade on the Nasdaq under the symbol “BHST”.
The company believes that the trading volume of its shares on the CSE no longer justifies the expenses, administrative efforts, and regulatory burdens required to maintain a dual listing. The company also believes that delisting from the CSE will create a central marketplace for its common shares on the Nasdaq and ultimately benefit the long-term liquidity and shareholder value of the company. For these reasons, BioHarvest’s management team and Board of Directors have made the decision to voluntarily delist from the CSE, consolidating the trading of its shares to Nasdaq. All shareholders can continue trading BioHarvest’s shares on Nasdaq under the symbol “BHST”.
The Company is grateful to the CSE for providing its initial opportunity to access public markets.
It is expected that the close of business on Friday, February 14, 2025, will be the final trading day for BioHarvest on the CSE.
About BioHarvest Sciences Inc.
BioHarvest Sciences Inc. (NASDAQ: BHST) (CSE: BHSC) (FSE: 8MV0) is a leader in Botanical Synthesis, leveraging its patented technology platform to grow plant-based molecules, without the need to grow the underlying plant. BioHarvest is leveraging its botanical synthesis technology to develop the next generation of science-based and clinically proven therapeutic solutions within two major business verticals; as a contract development and production organization (CDMO) on behalf of customers seeking complex molecules, and as a creator of proprietary nutraceutical health and wellness products, which includes dietary supplements. To learn more, please visit www.bioharvest.com .

Frequently Asked Questions

Why is BioHarvest delisting from the CSE?

BioHarvest is delisting due to low trading volume on the CSE, which no longer justifies the costs and efforts of maintaining a dual listing.

When will BioHarvest's last trading day on CSE be?

The final trading day for BioHarvest on the CSE is expected to be February 14, 2025.

Will BioHarvest continue trading on Nasdaq?

Yes, BioHarvest will continue to trade on the Nasdaq under the symbol 'BHST'.

What technology does BioHarvest specialize in?

BioHarvest specializes in Botanical Synthesis technology to grow plant-based molecules without the underlying plant.

Last updated: Feb 11, 2025