Wins Finance Holdings Inc. Announces Submission of Compliance Plan to Nasdaq
WINS FINANCE HOLDINGS INC ORDINARY SHARES (WINS)
US:NASDAQ Investor Relations:
ir.winsholdings.com/news-releases
Company Research
Source: PR Newswire
BEIJING and NEW YORK, Jan. 20, 2020 /PRNewswire/ -- Wins Finance Holdings Inc. ("Wins Finance" or the "Company") (NASDAQ: WINS), a diversified investment and asset management company that provides integrated financing solutions to small and medium enterprises ("SMEs") in China, today announced that on January 17, 2020, the Company submitted its plan of compliance in connection with its failure to timely file its Annual Report on Form 20-F for the year ended June 30, 2019 (the "2019 20-F") for continued listing on the NASDAQ Capital Market, as set forth in NASDAQ Listing Rule 5550(c)(1).On November 18, 2019, the Company received a notification letter from the NASDAQ Listing Qualifications ("NASDAQ") stating the Company was not in compliance with NASDAQ Listing Rule 5250(c)(1), due to its failure to timely file its Annual Report on Form 20-F for the year ended June 30, 2019 (the "2019 20-F"). The NASDAQ notification letter provided the Company with 60 calendar days from the date of the
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