FingerTango (HKG:6860) said no former director of the company who has been subjected to the director unsuitability statement occupies any director or senior management position within the group, a Tuesday Hong Kong bourse said.

The statement came after the Stock Exchange of Hong Kong imposed sanctions on the company and its eight former directors on Thursday, Jan. 16, over the misuse of listing proceeds after the company went public in 2018.

The exchange warned the company of delisting if former directors, Liu Jie and Wu Junjie, took any directorial or senior management position within the group upon the expiry of 14 days from the date of the statement of disciplinary action.