Luokung Announces Receipt of Nasdaq Notification Letter and a Request for Emergency Court Relief
Luokung Technology Corp - Ordinary Shares (LKCO)
Company Research
Source: PR Newswire
BEIJING, March 5, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, today announced that the Company received a notice from Nasdaq informing the Company that as a result of the Company being placed by the U.S. Department of Defense ("DoD") list of "Communist Chinese Military Companies" ("CCMCs") operating directly or indirectly in the United States (the "Section 1237 List"), which are subject to certain restrictions under Executive Order 13959 (the "EO"), that trading of the Company's ordinary shares will be suspended at the opening of business on March 15, 2021. Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission (the "SEC"), which will remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company plans to appeal the Nasdaq Staff's determination to a Hearings Panel, pursuant to
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LKCO
Sec Filings
- 4/16/24 - Form 6-K
- 2/5/24 - Form SC
- LKCO's page on the SEC website