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Stock impact report

Luokung Receives NASDAQ Notice Related to Filing of Form 20-F [Yahoo! Finance]

Luokung Technology Corp - Ordinary Shares (LKCO) 
Company Research Source: Yahoo! Finance
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 a notice from the NASDAQ Stock Market (the “Nasdaq Notice”), notifying the Company that it is not in compliance with the requirements for continued listing set forth in NASDAQ Listing Rule 5250(c)(1) because it did not timely file its annual report on Form 20-F for the year ended December 31, 2023 (the “2023 Annual Report”). In accordance with NASDAQ Listing Rules, the Company has 60 calendar days from the date of the Nasdaq Notice, or until July 1, 2024, to submit a plan to regain compliance with NASDAQ Listing Rules (the “Compliance Plan”). If NASDAQ accepts the Compliance Plan, NASDAQ may grant the Company an extension until October 28, 2024 to regain compliance. The Company intends either to file its 2023 Annual Report or submit the Compliance Plan within the prescribed 60-day period. The Show less Read more
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