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0.027944111776447 0.027944111776447 0.027944111776447 0.027944111776447 0.0379241516966067 0.0379241516966067 0.0379241516966067 0.0379241516966067
Stock impact report

Origin Agritech Regains Full Compliance with NASDAQ Listing Rules

Origin Agritech Limited (SEED) 
US:NASDAQ Investor Relations: originseed.investorroom.com
Company Research Source: PR Newswire
BEIJING, Aug. 21, 2019 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology and rural e-commerce company, today announced that the Company has regained full compliance with NASDAQ listing rules. On June 5, 2019, the Company was notified by the NASDAQ Stock Market ("NASDAQ") that it was not in compliance with the NASDAQ listing rules regarding the minimal requirements for stockholders' equity. The non-compliance was determined based on the balance sheet of September 30, 2018, in the Annual Report on Form 20-F for fiscal year 2018 filed on June 3, 2019. Since September 30, 2018, the Company increased its stockholder's equity mainly through an equity financing in January 2019. The Company also applied to change from the NASDAQ Global Select Market to the NASDAQ Capital Market, the application for which was approved and trading on NASDAQ Capital Market for the ordinary shares of the Company commenced August 19, 2019. The Company regain Show less Read more
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