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Stock impact report

SSLJ.com Limited plans to take appropriate measures after receiving the Nasdaq deficiency notice

 (YGTY) 
Company Research Source: GlobeNewswire
WUHAN, China, June 10, 2019 (GLOBE NEWSWIRE) -- SSLJ.com Limited (the “Company”) (NASDAQ: YGTY) On June 4, 2019, SSLJ.com Limited received a compliance notice from The NASDAQ Stock Market, Inc. (“NASDAQ”) stating that the Company has met the periodic filing requirement for the Nasdaq Stock Market under Listing Rule 5250(c)(2) based on the filing of the Company’s interim financials on Form 6-K for the six months period ended June 30, 2018. On June 5, 2019, the Company received another deficiency notice from NASDAQ stating that the Company has not maintained a minimum of $2,500,000 in stockholders’ equity for continued listing under Listing Rule 5550(b)(1) based on the Form 6-K of the Company’s interim financial information for the six months period ended June 30, 2018. NASDAQ has informed the Company that it must submit a plan (the “Plan”) to regain compliance with the NASDAQ’s continued listing requirements no later than June 18, 2019. In addition, NASDAQ has determined to requir Show less Read more
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