Luokung Technology receives additional noncompliance notification from Nasdaq
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 25 2024
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Compliance with Nasdaq: Luokung Technology has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic filing requirements, closing that matter.
Non-compliance with Equity Requirement: The company is not in compliance with the minimum stockholders' equity requirement of $2.5M for continued listing on the Nasdaq Capital Market, as per its 2023 Form 20-F.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
