The reason for the delisting is that the company does not meet the trading venue's so-called distribution requirements regarding the company's shares.

"Furthermore, a listing on the trading venue currently entails unjustifiably high costs for the company. Nischer thus intends to delist and will submit an application for delisting to the trading venue," the company states in a press release.

However, the time for the delisting will probably be in three months at the earliest, provided that Nischer does not meet the listing requirements at that time either, writes Nischer, whose board after the delisting intends to work for an orderly liquidation of the company's operations.