AirNet Resolves Nasdaq Minimum Market Value of Publicly Held Shares Deficiency
AirNet Technology Inc. - American Depositary Shares, each representing one ordinary shares (ANTE)
Company Research
Source: PR Newswire
BEIJING, Nov. 14, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it received a written notice from the Listing Qualifications Staff of Nasdaq (the "Staff") on November 12, 2024, notifying the Company that it has regained compliance with the minimum market value of publicly held shares ("MVPHS") requirement under Nasdaq Listing Rule 5550(a)(5).The Company was previously notified by the Staff on September 18, 2024 that it was not in compliance with the MVPHS requirement due to its failure to maintain a minimum MVPHS of US$1.0 million for a period of 30 consecutive business days. Since then, the Staff has determined that the Company's MVPHS had been US$1.0 million or greater from October 28 through November 11, 2024. Therefore, the Staff determined that the requirement was met on November 12, 2024.Forward-Looking StatementsThis announcement contains forward-looking statements within the m
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ANTE
Sec Filings
- 11/14/24 - Form 6-K
- 9/30/24 - Form 6-K
- 9/20/24 - Form 6-K
- ANTE's page on the SEC website