AirMedia has Regained Compliance with Nasdaq Listing Rules
AIRMEDIA GROUP (AMCN)
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=214947&p=irol-homeprofile
Company Research
Source: PR Newswire
BEIJING, July 5, 2017 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that it has received a letter from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company has regained compliance with Listing Rule 5250(c)(1). As previously disclosed, Nasdaq notified the Company on May 18, 2017 that it no longer met the period filing requirement for Nasdaq under Listing Rule 5250(c)(1). Based on the filing of the Company's annual report for the year ended December 31, 2016 on Form 20-F on June 28, 2017, Nasdaq has determined that the Company complies with the Rule. About AirMedia Group Inc. AirMedia Group Inc. (Nasdaq: AMCN) is an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market. AirMedia sells a
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