Powering the Future: Why Thermal Management Defines the Future of Electronics
Standard of Excellence: Engineering Is the New Sales—How Technical Collaboration Wins Business
SMT Perspectives & Prospects: Artificial Intelligence, Part 7—Data Module 2
IMI’s Subsidiary, VIA optronics AG, Announces Intention to Voluntarily Delist its ADSs from the New York Stock Exchange
April 11, 2024 | IMIEstimated reading time: 2 minutes
Integrated Micro-Electronics, Inc.’s subsidiary, VIA optronics AG (VIA), a leading supplier of interactive display solutions, announced on April 9, 2024 its intention to voluntarily delist its American Depository Shares (ADSs) from the New York Stock Exchange (NYSE), terminate its registration with the U.S. Securities and Exchange Commission (US SEC), and terminate its ADS program.
VIA notified the NYSE on April 9, 2024 of its intent to voluntarily delist its ADSs from the NYSE, pursuant to a resolution adopted by its Supervisory Board. VIA has also notified The Bank of New York Mellon (which acts as depositary under the ADS program) of the termination of the ADS program.
VIA believes that delisting and deregistration of the ADSs from the U.S. public markets will be more economical for the company, taking into account the low liquidity of its ADSs and the high costs of maintaining the NYSE listing and US SEC registration on an annual basis. VIA further believes that delisting and deregistration, and consequently the suspension of its US SEC reporting obligations, will allow the company to allocate resources more efficiently to execute its current business strategy by enabling its management and employees to focus more on managing its businesses and strengthening relationships with customers and business partners.
VIA currently anticipates that it will file with the US SEC a Form 25 relating to the delisting and deregistration of its ADSs on or around April 19, 2024. Unless the Form 25 is earlier withdrawn by VIA, the delisting of the ADSs will be effective 10 days after the filing of the Form 25. Accordingly, VIA anticipates that the last day of trading of the ADSs on the NYSE will be on or about April 29, 2024.
Following the delisting of its ADSs from NYSE and after VIAhas made all necessary US SEC filings and is otherwise able to do so, VIA plans to file with the US SEC a Form 15 to deregister its ADSs, and suspend its reporting obligations, under the U.S. Securities Exchange Act of 1934, as amended. The process for delisting from the NYSE, suspending US SEC reporting obligations and terminating the ADS program is expected to take time, require filings and notifications, and compliance with certain requirements. As such, VIA cannot provide assurances yet as to whether or when these actions will be consummated.
VIA had previously disclosed that it received notice from the NYSE that it is not currently in compliance with the continued listing standards of the NYSE.
Share on:
Testimonial
"Our marketing partnership with I-Connect007 is already delivering. Just a day after our press release went live, we received a direct inquiry about our updated products!"
Rachael Temple - AlltematedSuggested Items
BULL, Fujitsu Partner on High-Precision Space Situational Awareness Service in Japan
04/21/2026 | JCN NewswireBULL Co., Ltd., a company developing space debris mitigation devices, and Fujitsu Limited announced that they have signed a Memorandum of Understanding (MOU) to explore the development of a high-precision Space Situational Awareness (SSA) service unique to Japan.
Spirit Electronics Named Authorized Distributor for Microchip Technology
04/17/2026 | Globe NewswireSpirit Electronics, a vertically integrated electronics design and manufacturing solutions provider serving the military and aerospace markets, announced that it has been designated as an authorized distributor for the Americas for Microchip Technology, a broadline supplier of semiconductors committed to making innovative design easier through total system solutions.
Standard of Excellence: Engineering Is the New Sales—How Technical Collaboration Wins Business
04/15/2026 | Anaya Vardya -- Column: Standard of ExcellenceWhen it comes to complex, high-performance electronics, the line between sales and engineering has all but disappeared. Customers want more than a quote. They’re not simply buying boards; they’re buying understanding, so engineering is now the front line of customer trust, problem-solving, and long-term success. There was a time when sales meant persuasion, and engineering meant production. Today, the two are inseparable.
New EIPC President: Building Strength Through Unity in Europe’s Electronics Industry
04/14/2026 | Marcy LaRont, I-Connect007Industry veteran Rico Schluter, newly appointed president of EIPC, discusses his decades-long journey through the European PCB industry and his vision for its future. From building advanced manufacturing operations to leading large-scale facility development in Lithuania, Rico shares insights into automation, workforce evolution, and the challenges of scaling production. He emphasizes the urgent need for stronger collaboration across European industry organizations to effectively influence policy in Brussels, particularly around supply chain resilience, trade regulations, and energy-related incentives.
IBM's David Lokken-Toyli: Quantum’s Call to ‘Leap’
04/10/2026 | Marcy LaRont, I-Connect007What happens when a cutting-edge quantum computer is placed in the middle of a public cafeteria? For David Lokken-Toyli, principal research scientist at IBM Quantum, that image, now a reality at Cleveland Clinic, captures a turning point: Quantum computing is moving out of the lab and into the real world, and getting there will depend not just on physicists, but on an electronics supply chain ready to support entirely new system requirements.