Regulatory Alerts2024-03-05 | 12/5Added · Updated
On the Registration in the Register of Securities Issuers Pertaining to GAROFIȚA Joint Stock Company
The National Commission for Financial Market of Moldova issued Decision No. 12/5 on 5 March 2024 to formally register GAROFIȚA Joint Stock Company's restructuring of its prior securities issue and capital increase in the Register of Securities Issuers. The decision mandates increasing the nominal value of each ordinary named share from 1 leu to 4 lei and boosting total social capital by 502,044 lei from equity, resulting in a post-restructuring capital of 669,392 lei divided into 167,348 class I shares. This ruling takes effect upon adoption and remains subject to a 30-day appeal window through a prior application submitted directly to the Commission.
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