Pingtan Marine Enterprise Receives Nasdaq's Determination Letter
Pingtan Marine Enterprise Ltd. - Ordinary Shares (PME)
NASDAQ:AMEX Investor Relations:
ptmarine.com
Company Research
Source: PR Newswire
FUZHOU, China, Oct. 19, 2021 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company"), a fishing company based in the People's Republic of China, announced today that it received a determination notice letter dated October 13, 2021 (the "Determination Notice") from the Listing Qualification Staff (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying that the Company did not meet the terms of exception granted by Staff.As previously disclosed, the Company received notices on April 15, 2021, May 25, 2021 and August 23, 2021 from the Staff notifying that the Company did not comply with listing requirements set forth in Listing Rule 5250(c)(1) (the "Rule") because it had not filed its Form 10-K for the period ended December 31, 2020 (the "Form 10-K"), and its Forms 10-Q for the periods ended March 31, 2021 and June 30, 2021 (the "Forms 10-Q") with the Securities and Exchange Commission (the "SEC"). As required by these notices, Pingtan submit
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