AirNet Regains Compliance with Nasdaq Minimum Bid Price Requirement
AirNet Technology Inc. - American Depositary Shares, each representing one ordinary shares (ANTE)
Company Research
Source: PR Newswire
BEIJING, March 14, 2024 /PRNewswire/ -- AirNet Technology Inc., formerly known as AirMedia Group Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), today announced that it received a notification letter (the "Notification Letter on Compliance") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") on March 13, 2024, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules.As previously announced, on November 27, 2023, the Nasdaq notified the Company of its non-compliance with the Nasdaq's minimum bid price requirement because, as of November 24, 2023, the Company's closing bid price per American depositary share ("ADS") was less than US$1.00 per ADS over the previous 30 consecutive business days. Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days, or until May 28, 2024, to regain compliance with Nasda
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ANTE
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ANTE
Sec Filings
- 5/2/24 - Form 6-K
- 4/26/24 - Form 20-F
- 4/18/24 - Form 6-K
- ANTE's page on the SEC website