JMU Limited Announces Listing Transfer to The Nasdaq Capital Market
JMU LTD ADS (JMU)
US:NASDAQ Investor Relations:
ir.ccjmu.com
Company Research
Source: PR Newswire
SHANGHAI, Jan. 3, 2020 /PRNewswire/ -- JMU Limited (the "Company" or "JMU") (Nasdaq: JMU) today announced that the Company's application to transfer the Company's listing of its American Depositary Shares (the "ADSs") from the Nasdaq Global Market to the Nasdaq Capital Market has been approved by the Listing Qualification Department of The Nasdaq Stock Market ("Nasdaq").Accordingly, the Company's ADSs will begin trading on the Nasdaq Capital Market effective at the opening of business on Monday, January 6, 2020. The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Market and listed companies must meet certain financial requirements and comply with Nasdaq's corporate governance requirements. The transfer of the Company's listing from the Nasdaq Global Market to the Nasdaq Capital Market is expected to have no impact on trading in the Company's ADSs, and the Company's ADS's will continue to trade under the symbol "J
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