that is the status of CRCW now : Unlisted public company
From Wikipedia, the free encyclopedia
An unlisted public company, or a publicly unlisted company, is a public company, which is a company that can have an unlimited number of shareholders to raise capital for any commercial venture, but which is not listed on any stock exchange. A company may not be listed on a stock exchange for a number of reasons, including because it is too small to qualify for a stock exchange listing, does not seek public investors, or there are too few shareholders for a listing. Each stock exchange has its own listing requirements. Unlisted public companies tend to be larger than companies limited by guarantee.
Unlisted public companies are more likely to engage in profit-maximising behavior as their share capital structure makes it very easy to give their members financial returns.
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