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SPI Energy Co., Ltd. Announces Receipt of Nasdaq Delisting Determination

SPI ENERGY CO LTD ADS (SPI)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: investors.spisolar.com
PDF HONG KONG, Sept. 14, 2018 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of renewable energy solutions and cryptocurrency miner hosting services for business, residential, government and utility customers and investors, today announced that it received a Delisting Determination (the “Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market, Inc. (“Nasdaq”) on September 11, 2018, indicating that, as a result of failure of the Company to meet the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules, unless the Company requests an appeal of the Determination, trading of the Company’s Ordinary Shares (“OSs”) will be scheduled for delisting from Nasdaq at the opening of business on September 20, 2018, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq. Nasdaq [Read more]

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