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Luokung Technology Corp. Announces Voluntary Delisting of American Depositary Receipts ("ADRs") from the NASDAQ Capital Market ("NASDAQ") and Listing Its Ordinary Shares on NASDAQ

LUOKUNG TECH CORP ADS (LKCO)  More Company Research Source: PR Newswire
PDF BEIJING, Sept. 14, 2018 /PRNewswire/ -- Luokung Technology Corp. (Nasdaq: LKCO) ("LK" or the "Company"), a global leading graphics data processing technology company, a leading interactive location-based services in China, and a pioneer and leader of the railway Wi-Fi market in China, today announced it will voluntary delist its ADRs from the NASDAQ, effective prior to the opening of trading on September 20, 2018. The Company will list its ordinary shares on NASDAQ, effective upon the opening of trading on September 20, 2018.The Bank of New York Mellon, as depositary (the "Depositary") for the Company's ADR facility, notified the owners and holders of the Company's ADRs that the ADR facility will terminate effective at 5:00 p.m. (Eastern Time) on September 19, 2018. Under the terms of the Deposit Agreement among the Company, the Depositary and the owners and holders of ADRs of the Company (the "Deposit Agreement"), owners and holders of the Company's ADRs have until at least January 2 [Read more]

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