Ann: LiveTiles announces voluntary delisting, page-5

So Updater de-list off ASX, get a much greater valuation, worst management team ever?
So Security Matters de-list off ASX, get a 15x greater valuation overnight, worst management team ever?
What examples exist that you know of, where a de-listing of a tech stock results in a lower valuation?

Companies de-list because the ASX is a terrible place to create value for ShareHolders, it's as simple as that.