EDAP TMS announced a change in its U.S. reporting status, transitioning from a foreign private issuer to a U.S. domestic filer, effective January 1, 2026. This change will require the company to comply with U.S. Securities and Exchange Commission (SEC) reporting and Nasdaq listing requirements applicable to U.S. domestic filers.
The new requirements include those related to the composition of the company’s board of directors and committees, certain corporate governance matters, and shareholder approval of specific actions. This transition marks a significant milestone in EDAP's evolution as a public company.
The company stated that this move underscores its long-term commitment to transparency, regulatory best practices, and expanding its presence within the U.S. investor community. This strategic shift is expected to further strengthen relationships with shareholders and attract new institutional investors.
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