China Lending Corporation Ordinary Shares Met Applicable Listing Requirements for Nasdaq Capital Market
CHINA LENDING CORP ORDINARY SHARES (CLDC)
US:NASDAQ Investor Relations:
chinalending.com/a/en/investor_relations/news_releases
Company Research
Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- China Lending Corporation (NASDAQ: CLDC; CLDCW) (“China Lending” or the “Company”), a leading non-bank direct lending corporation servicing micro, small and medium sized enterprises (MSME), currently underserved by commercial banks in China, today announced that on December 7, 2016, it received notice from The Nasdaq Stock Market LLC (“Nasdaq”) that its ordinary shares had met applicable listing requirements and would remain listed on the Nasdaq Capital Market. The hearing relating to the Company’s listing was canceled. On December 12, 2016, the Company notified Nasdaq of its intent to delist its warrants from the Nasdaq Capital Market due to the failure of the warrants to meet the minimum 400 round lot holder requirement under Nasdaq Marketplace Rule 5515(a)(4). The Company intends to file a Form 25 with the SEC on December 21, 2016 relating to the delisting of its wa
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