Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal
Recon Technology, Ltd. - Class A Ordinary Shares (RCON)
US:NASDAQ Investor Relations:
exac.com/investors
Company Research
Source: PR Newswire
BEIJING, April 29, 2024 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company") announced today that on April 23, 2024, it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company currently fails to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5810(c)(3)(A) (the "Minimum Bid Price Rule"). The Company had received a period of 180 calendar days and a second period of an additional 180 calendar days to return to compliance with the Minimum Bid Price Rule, which compliance period expired on April 22, 2024. As of April 22, 2024, the Company did not regain compliance with Listing Rule 5550(a)(2) which was triggered since the bid price of the Company's listed secur
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News
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal [Yahoo! Finance]Yahoo! Finance
- Recon Technology receives Nasdaq delisting determination [Seeking Alpha]Seeking Alpha
- Recon Technology, Ltd. (NASDAQ: RCON) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
RCON
Sec Filings
- 4/29/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/2/24 - Form 6-K
- RCON's page on the SEC website