SPI Energy Co., Ltd. Announces Receipt of Notice Regarding Non-Compliance with Continued Listing Standards
SPI Energy Co., Ltd. - Ordinary Shares (SPI)
US:NYSE Investor Relations:
investors.spisolar.com
Company Research
Source: GlobeNewswire
HONG KONG and SANTA CLARA, Calif., May 01, 2020 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of green energy solutions for business, residential, government and utility customers and investors, today announced that it received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (“Nasdaq”) on April 28, 2020 notifying the Company that its bid price per ordinary share had been below $1.00 for a period of 30 consecutive business days and, therefore, that the Company did not meet the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules. The rules also provide that the Company has a compliance period of 180 calendar days (the “Compliance Period”) to regain compliance. Given current market conditions, Nasdaq previously determined to toll the compliance periods for bid price and market value of publicly held shares requirements (collect
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Sec Filings
- 4/25/24 - Form 8-K
- 4/22/24 - Form 8-K
- 4/2/24 - Form NT
- SPI's page on the SEC website