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0.00344537815126054 0.00344537815126054 0.0233445378151261 0.0233445378151261 0.0233445378151261 0.0252100840336135 0.0252100840336135 0.0252100840336135
Stock impact report

Cango Inc. Receives NYSE Notification Letter

Cango Inc. American Depositary Shares, each representing two (2) Class A Ordinary Shares (CANG) 
Last cango inc. american depositary shares, each representing two (2) class a ordinary shares earnings: 3/23 04:30 pm Check Earnings Report
Company Research Source: PR Newswire
SHANGHAI, Nov. 13, 2019 /PRNewswire/ -- Cango, Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading automotive transaction service platform in China, today announced that on October 24, 2019 it received a notification letter (the "Notification Letter") from The New York Stock Exchange (the "NYSE") indicating that the Company is not currently in compliance with Section 802.01A of the NYSE Listed Company Manual (the "Manual") relating to the continued listing standards for stockholders, including (i) number of total stockholders of at least 400 or (ii) number of total stockholders of at least 1,200, if the average monthly volume is less than 100,000 (for the most recent 12 months). Therefore, the Company is now subject to the procedures set forth in Sections 801 and 802 of the Manual. The Notification Letter also states that the Company needs to respond within 90 days, which is no later than January 22, 2020, with a business plan (the "Plan") that demonstrates how the Company expects Show less Read more
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