ILUS Stock: Will It Be Listed In U.S Exchange This Month?

According to the latest ILUS announcement we may expect a possibility that SEC (Securities and Exchange Commission) will allow its shares to be available to the US public. However, the SPAC-based company has to prove it can push one of its subsidiaries to be listed in either Nasdaq or NYSE this month.

There is no clear guarantee that ILUS will achieve the set goal in two weeks as the investment bank it is having talks to get funds may slow down the process.

ILUS is obviously setting unachievable goals for this month by ignoring bureaucracy and lack of trust from stock buyers who are restraining themselves from buying newly offered shares due to the current macroeconomic conditions.

ilus stock