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Stock impact report

Luokung Technology Corp. Announces a reminder to the owners and holders of the Company's ADRs to convert into Ordinary Shares of the Company

Luokung Technology Corp - Ordinary Shares (LKCO) 
Company Research Source: PR Newswire
BEIJING, Jan. 14, 2019 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ-NMS: LKCO) ("LK" or the "Company"), one of global leading graphics data processing technology companies, a leading interactive location-based services company in China, today announced a reminder to the owners and holders of the Company's ADRs to convert into Ordinary Shares of the Company. The ratio between each ADR and its underlying Ordinary Share is 1:1, namely, one ADR represents one Ordinary Share. Subsequent to January 21, 2019, the Bank of New York Mellon may attempt to sell any Ordinary Shares remaining on deposit. The owners and holders of the Company's ADRs can contact their broker or the Company via ir@luokung.com in order to convert their ADRs to Ordinary Shares.As previously announced in its press release dated on January 2, 2019, the Company listed its Ordinary Shares on NASDAQ, effective upon the opening of trading on January 3, 2019. The Bank of New York Mellon, as depositary (the "Depositary") fo Show less Read more
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