China’s first US-listed SaaS company forced to delist
The New York Stock Exchange (NYSE) has suspended trading of China’s Cloopen and will apply to delist the software-as-a-service (SaaS) provider due to a failure to file its annual reports.
Cloopen, known as the first Chinese SaaS company to be listed in the US, has not filed its annual reports for 2021 and 2022 and has informed the NYSE that it will not be able to complete its delayed filing...
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