Recon Technology Receives Nasdaq Delisting Determination; Submits Appeal [Yahoo! Finance]
Recon Technology, Ltd. - Class A Ordinary Shares (RCON)
US:NASDAQ Investor Relations:
exac.com/investors
Company Research
Source: Yahoo! Finance
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 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 securities had closed at less than $1.00 per share over the previous 30 consecutive business days. Pursuant to the Letter, unless the Company requests an app
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RCON
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 [Seeking Alpha]Seeking Alpha
- Recon Technology Receives Nasdaq Delisting Determination; Submits AppealPR Newswire
- 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