Renmin Tianli Group, Inc. Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
RENMIN TIANLI GROUP INC (ABAC)
US:NASDAQ Investor Relations:
aoxintianli-china.com
Company Research
Source: PR Newswire
WUHAN CITY, China, Nov. 27, 2018 /PRNewswire/ -- Renmin Tianli Group, Inc. (NASDAQ:ABAC) ("Renmin Tianli" or the "Company"), a producer of breeder hogs, market hogs and black hogs, as well as specialty processed black hog pork products sold through retail outlets and the internet, with headquarters in Wuhan City, Hubei Province, China, today announced that on November 21, 2018 the Company received a notification letter from the Nasdaq Stock Market ("Nasdaq") stating that, because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2018 (the "Form 10-Q"), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission ("SEC"). The Nasdaq letter has no immediate effect on the listing of the Company's shares.Nasdaq's notification letter states that the Company has 60 calendar
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