KUKE Music Reports Receipt of NYSE Non-Compliance Notices Regarding Continued Listing Standards
Kuke Music Holding Limited American Depositary Shares, each representing one Ordinary Share (KUKE)
Company Research
Source: GlobeNewswire
Beijing, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today announced that it has received notifications from the New York Stock Exchange (the “NYSE”) that the Company is not in compliance with the NYSE’s continued listing standards. On September 24, 2024, the NYSE notified the Company that it was below the continued listing standards as its total market capitalization was less than $50 million over a 30 trading-day period and its stockholders’ equity was less than $50 million (the “September Notice”). As set forth in the September Notice, as of September 23, 2024, the 30 trading-day average global market capitalization of the Company was approximately $47 million and the Company’s last reported shareholders’ equity as of December 31, 2023 was approximately $3.3 million. The Company received another notice from the NYSE on October 8, 2024 (the “October Notice”) of non-compli
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KUKE
News
- KUKE Music Announces Resignation of President [Yahoo! Finance]Yahoo! Finance
- KUKE Music Announces Resignation of PresidentGlobeNewswire
- KUKE Music Regains Compliance with NYSE Continued Listing Standards [Yahoo! Finance]Yahoo! Finance
- KUKE Music Regains Compliance with NYSE Continued Listing StandardsGlobeNewswire
- KUKE Music Successfully Develops "KUKE Music for Cars" Version, Aims to Complete Testing by End of SeptemberGlobeNewswire
KUKE
Sec Filings
- 11/4/24 - Form 6-K
- 10/29/24 - Form 6-K
- 10/29/24 - Form 424B5
- KUKE's page on the SEC website