According to PANews, crypto wallet provider Exodus Movement recently announced that it will suspend its listing plan on NYSE American, the sister market of the New York Stock Exchange, because the U.S. Securities and Exchange Commission (SEC) staff is still reviewing its registration statement. Exodus said that the registration statement was effective at the end of April, and once the SEC completes its review, the company may reconsider listing at a future date.
Exodus CEO JP Richardson expressed “surprise and confusion” at the last-minute decision, saying: “We remain hopeful that the SEC will live up to its promise to treat us according to the law. Exodus has been completely transparent and responsive throughout this process, and we hope that this matter will be resolved quickly.”
