AirNet Announces Receipt of Minimum Bid Price Notice From NASDAQ
AirNet Technology Inc. - American Depositary Shares, each representing one ordinary shares (ANTE)
Company Research
Source: PR Newswire
BEIJING, April 1, 2020 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") dated on March 30, 2020 indicating that the Company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the Company's closing bid price per American depositary share ("ADS"), each representing ten ordinary shares of the Company, has been below $1.00 for a period of 30 consecutive business days. The Nasdaq notification letter does not result in the immediate delisting of the Company's securities.Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days, or until Sep
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ANTE
Sec Filings
- 12/13/24 - Form 6-K
- 11/14/24 - Form 6-K
- 9/30/24 - Form 6-K
- ANTE's page on the SEC website