Konami today revealed that it voluntarily delisted itself from the New York Stock exchange, effective April 24

Jaywood2010

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Jaywood2010 on 27 April 2015

Konami today revealed that it voluntarily delisted itself from the New York Stock exchange, effective April 24.

The news comes hours after the company confirmed that it had killed off Silent Hills, the latest in the survival horror franchise. The game was to involve the work of Hideo Kojima and Guillermo del Toro and feature the likeness of Norman Reedus.

It's unclear what if any impact this might have on the company moving forward. In today's release, Konami officials wrote that the company will still share financial statements and other information in english, though they will no longer be obligated to under the Exchange Act.

The company will be deregistered with the SEC effective July 12, reporting obligations will be terminated July 23.

Konami remains listed in London and Toyko, and shares can still be traded in the U.S. on the over-the-counter market, according to the release.

Developing.

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Konami

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Anfebious on 27 April 2015

Konami quitting the videogame business confirmed.

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Turkish on 27 April 2015

What happens with the shareholders stock?

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Jizz_Beard_thePirate on 27 April 2015

What is happening with this company?

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Darwinianevolution on 27 April 2015

Well, that's a terrible sign. They don't want their stock to make a free fall, they'll wait until the investors forget about the whole Kojima debacle.