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Advanced Human Imaging Ltd (ASX: AHI) has announced a trading halt.

Advanced Human Imaging Ltd (ASX: AHI) has announced a trading halt.

There are a few reasons why a stock would go into a trading halt. It is generally ahead of a news announcement.

Advanced Human Imaging Ltd has requested the trading halt pending the release of an announcement in relation to the US NASDAQ listing and capital raising by way of American Depositary Shares (ADSs) and the current listing of ADSs on Nasdaq (US Listing).

Trading halts are typically enacted in anticipation of a news announcement, to correct an order imbalance, as a result of a technical glitch or due to regulatory concerns.

Halts may also be triggered by severe down moves, in what are called circuit breakers or curbs.

The trading halt will remain in place until normal trading commences on November 22, 2021 or when the company announcement is made.

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