- iFOREX postpones its London IPO, citing the need to complete a routine compliance inspection underway in the British Virgin Islands.
iFOREX Financial Trading Holdings Ltd has announced a delay in its planned initial public offering (IPO) on the London Stock Exchange. The IPO, originally scheduled for late June, will now take place at a later date.
According to the company, the delay is linked to a routine compliance inspection initiated earlier this year in the British Virgin Islands.
This review, which was already disclosed in the company’s registration document, requires additional time for completion.
iFOREX confirmed that the inspection is nearing its end and expects the delay to be brief. The company remains confident in its plans and intends to move forward with the listing soon.
