Suspension from Quotation
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| Stock | Jayride Group Ltd (JAY.ASX) |
|---|---|
| Release Time | 6 Oct 2025, 5:18 p.m. |
| Price Sensitive | Yes |
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Jayride Group Ltd suspended from ASX quotation
Key Points
- ASX determined Jayride's financial condition not adequate for continued quotation
- Breach of Listing Rule 12.2 due to auditor's disclaimer of opinion
- Suspension to continue until ASX satisfied Jayride complies with Listing Rules
Full Summary
Jayride Group Ltd (ASX: JAY) has been suspended from quotation on the Australian Securities Exchange (ASX) with immediate effect. ASX has determined that Jayride's financial condition is not adequate to warrant the continued quotation of its securities, and therefore Jayride is in breach of Listing Rule 12.2. This decision was made by ASX after considering Jayride's annual financial statements for the period ended 30 June 2025 and the disclaimer of opinion included in the auditor's report. The suspension will continue until ASX is satisfied that Jayride is in compliance with the ASX Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for Jayride's securities to be reinstated to quotation.
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