Key Facts
• June 24, 2025: Cover Corp announced withdrawal of Prime Market application.
• Reason: Extended review time and changes in application details.
• Plan: Reapply for market transition; no timeline set for resubmission.
Summary
Cover Corp, the operator of the VTuber agency Hololive Production, has withdrawn its application to transition to the Tokyo Stock Exchange Prime Market as of June 24, 2025. The decision was attributed to prolonged review processes and necessary changes in the application details. Despite this, the company remains committed to pursuing the market transition and plans to reapply, though the timeline for resubmission has not yet been determined.
