Luokung Announces 8-to-1 Share Combination
Luokung Technology Corp - Ordinary Shares (LKCO)
Company Research
Source: GlobeNewswire
BEIJING, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung,” “we,” “our” or the “Company”), a British Virgin Islands company, reported that it expects to implement a 8-to-1 share combination on its ordinary shares effective Tuesday, September 17, 2024, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol “LKCO”. The new CUSIP number for the ordinary shares following the share combination is G56981 114. Upon the effectiveness of the share combination, every 8 shares of the Company’s issued and outstanding ordinary shares will automatically be combined into one issued and outstanding ordinary share. No fractional shares will be issued as a result of the share combination. Instead, any fractional shares that would have resulted from the split will be rounded up to the next whole number. The share combination affects all shareholders
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News
- Luokung receives additional non-compliance notice from Nasdaq [Seeking Alpha]Seeking Alpha
- Luokung Announces Receipt of Nasdaq Notices Regarding Periodic Filing Compliance and Stockholders’ Equity DeficiencyGlobeNewswire
- Luokung regains compliance with Nasdaq minimum bid price requirement [Seeking Alpha]Seeking Alpha
- Luokung Regains Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
LKCO
Sec Filings
- 11/8/24 - Form SC
- 10/25/24 - Form 6-K
- 10/22/24 - Form 20-F
- LKCO's page on the SEC website