Luokung Granted Extension to Meet Nasdaq Minimum Bid Price Requirement
Luokung Technology Corp - Ordinary Shares (LKCO)
Company Research
Source: GlobeNewswire
BEIJING, May 08, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”) and high-definition maps (“HD Maps”) in China, today announced that on May 2, 2024, the Company received an additional 180 calendar day extension (“Second Compliance Grace Period”) from Nasdaq’s Listing Qualifications Department to meet Nasdaq’s continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. The Company now has until October 28, 2024 to regain compliance. Nasdaq's extension notice has no immediate effect on the continued listing status of the Company's ordinary shares on Nasdaq. If at any time before October 28, 2024 , the bid price of the Company’s ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive trading days, the Company wil
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LKCO
Sec Filings
- 5/8/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/16/24 - Form 6-K
- LKCO's page on the SEC website