iCandy confirms 1 April 2026 delisting
| Stock | Icandy Interactive Ltd (ICI.ASX) |
|---|---|
| Release Time | 31 Mar 2026, 10:59 a.m. |
| Price Sensitive | Yes |
iCandy confirms 1 April 2026 delisting
- Shares of iCandy Interactive Limited (ASX: ICI) will no longer be traded on the ASX
- iCandy will continue to operate as an Australian public company and remain subject to the Corporations Act
- Company is considering a listing of Lemon Sky Studios, its primary asset, on the NYSE American
iCandy Interactive Limited (ASX:ICI) ('iCandy' or the 'Company') confirms that it has received correspondence from the Australian Securities Exchange (ASX) advising iCandy will be removed from the Official List of the ASX on 1 April 2026. Following removal from the Official List, iCandy will continue to operate as an Australian public company and will remain subject to the Australian Corporations Act 2001 (Cth) and other applicable laws and regulations governing shareholder rights and corporate governance. Shareholders and interested investors are encouraged to subscribe to the Company's email update service via the Company's website to receive updates regarding progress and activities. The Company is considering a listing of Lemon Sky Studios, the Company's primary asset, on the NYSE American. Further information on this transaction is set out in the ASX Release of 13 March 2026, and the Company's Webinar Presentation released 27 March 2026. If this proceeds, the Company will consider the most effective way to return some of this value to shareholders, whether by an in-specie dividend or other capital return. The Company has appointed Hamilton Locke as its Australian legal advisor to further explore this. Despite the Company's best efforts, the audited FY2024 financial statements could not be finalised in time to meet ASX's requirements. However, the Company is committed to completing its FY2024 and FY2025 financial statements and having them audited by RSM Australia Partners as soon as possible. Once those statements have been completed and audited, they will be lodged with ASIC and a copy dispatched to shareholders. Management's primary focus is to pursue a listing of its subsidiary Lemon Sky Studios as that is most likely to generate the best value for iCandy shareholders. The Company will consider listing on other secondary trading venues such as Primary Markets in due course.
Management's primary focus is to pursue a listing of its subsidiary Lemon Sky Studios as that is most likely to generate the best value for iCandy shareholders. The Company will consider listing on other secondary trading venues such as Primary Markets in due course.