Luokung Regains Compliance with Nasdaq Minimum Bid Price Requirement
Luokung Technology Corp. (NASDAQ: LKCO) has regained compliance with Nasdaq's minimum bid price requirement. On October 1, 2024, the company received a letter from Nasdaq confirming that it had evidenced a closing bid price of its ordinary shares at or above $1.00 for 10 consecutive business days as of September 30, 2024. This fulfills the requirement set by Nasdaq Marketplace Rule 5550(a)(2).
Luokung is a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (LBS) and high-definition maps (HD Maps) in China. The company specializes in city-level and industry-level holographic spatial-temporal digital twin systems, serving industries such as smart transportation, natural resource asset management, and LBS smart industry applications.
Luokung Technology Corp. (NASDAQ: LKCO) ha ripristinato la conformità con il requisito di prezzo minimo per le offerte di Nasdaq. Il 1 ottobre 2024, l'azienda ha ricevuto una lettera da Nasdaq che confermava di aver registrato un prezzo di chiusura delle proprie azioni ordinarie pari o superiore a $1,00 per 10 giorni lavorativi consecutivi, a partire dal 30 settembre 2024. Questo soddisfa il requisito stabilito dalla Regola 5550(a)(2) del Marketplace di Nasdaq.
Luokung è una delle principali aziende di servizi di big data intelligenti spaziali e temporali e fornitore di servizi basati sulla posizione interattiva (LBS) e mappe ad alta definizione (HD Maps) in Cina. L'azienda è specializzata in sistemi di gemellaggio digitale spaziale e temporale olografici a livello cittadino e industriale, servendo settori come il trasporto intelligente, la gestione delle risorse naturali e le applicazioni industriali intelligenti LBS.
Luokung Technology Corp. (NASDAQ: LKCO) ha recuperado el cumplimiento con el requisito de precio mínimo de oferta de Nasdaq. El 1 de octubre de 2024, la empresa recibió una carta de Nasdaq confirmando que había demostrado un precio de cierre de oferta de sus acciones ordinarias de $1.00 o más durante 10 días hábiles consecutivos hasta el 30 de septiembre de 2024. Esto cumple con el requisito establecido por la Regla 5550(a)(2) del Marketplace de Nasdaq.
Luokung es una empresa líder en servicios de big data inteligentes espaciales y temporales y proveedor de servicios interactivos basados en ubicación (LBS) y mapas de alta definición (HD Maps) en China. La empresa se especializa en sistemas de gemelos digitales espaciales y temporales holográficos a nivel de ciudad e industria, atendiendo a sectores como el transporte inteligente, la gestión de activos de recursos naturales y las aplicaciones industriales inteligentes de LBS.
루오쿵 기술 주식회사 (NASDAQ: LKCO)는 나스닥의 최소 입찰가 요구 사항을 다시 충족했습니다. 2024년 10월 1일, 회사는 2024년 9월 30일 기준으로 10일 연속으로 주식의 종가가 $1.00 또는 그 이상임을 확인하는 나스닥의 편지를 받았습니다. 이는 나스닥 마켓플레이스 규칙 5550(a)(2)가 설정한 요건을 충족합니다.
루오쿵은 중국에서 인터랙티브 위치 기반 서비스(LBS) 및 고화질 지도(HD Maps)의 제공업체이자 공간-시간 지능형 빅 데이터 서비스의 선두주자입니다. 이 회사는 도시 수준 및 산업 수준의 홀로그램 공간-시간 디지털 트윈 시스템을 전문으로 하며, 스마트 교통, 자연 자원 자산 관리 및 LBS 스마트 산업 응용 분야와 같은 산업에 서비스를 제공합니다.
La société Luokung Technology Corp. (NASDAQ: LKCO) a retrouvé sa conformité avec l'exigence de prix minimum des offres de Nasdaq. Le 1er octobre 2024, l'entreprise a reçu une lettre de Nasdaq confirmant qu'elle avait enregistré un prix de clôture de ses actions ordinaires à ou au-dessus de 1,00 $ pendant 10 jours ouvrables consécutifs jusqu'au 30 septembre 2024. Cela respecte l'exigence établie par la règle 5550(a)(2) du marché Nasdaq.
Luokung est une entreprise leader dans les services de big data intelligents spatial-temporaux et fournisseurs de services basés sur la localisation interactifs (LBS) et de cartes haute définition (HD Maps) en Chine. L'entreprise se spécialise dans des systèmes de jumeaux numériques spatiaux et temporels holographiques aux niveaux de la ville et de l'industrie, servant des secteurs tels que le transport intelligent, la gestion des ressources naturelles et les applications industrielles intelligentes LBS.
Die Luokung Technology Corp. (NASDAQ: LKCO) hat die Einhaltung der Mindestgebotsanforderungen von Nasdaq wiederhergestellt. Am 1. Oktober 2024 erhielt das Unternehmen einen Brief von Nasdaq, in dem bestätigt wurde, dass es eine Schlusskursgebotsnotierung seiner Stammaktien zu oder über $1,00 für 10 aufeinanderfolgende Handelstage zum 30. September 2024 nachgewiesen hat. Dies erfüllt die Anforderungen gemäß der Nasdaq Marketplace Regel 5550(a)(2).
Luokung ist ein führendes Unternehmen für räumlich-zeitliche intelligente Big Data-Dienste und Anbieter interaktiver standortbasierter Dienste (LBS) und hochauflösender Karten (HD Maps) in China. Das Unternehmen ist spezialisiert auf städte- und industrieebene holographische räumlich-zeitliche digitale Zwillingssysteme und bedient Branchen wie intelligente Transportlösungen, Management von naturbelassenen Ressourcen und intelligente industrielle Anwendungen von LBS.
- Regained compliance with Nasdaq's minimum bid price requirement
- Maintained closing bid price above $1.00 for 10 consecutive business days
- Nasdaq considers the compliance matter closed
- None.
BEIJING, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”) and high-definition maps (“HD Maps”) in China, today announced that on October 1, 2024, it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. The letter noted that as of September 30, 2024, the Company evidenced a closing bid price of its ordinary shares at or greater than the
ABOUT LUOKUNG TECHNOLOGY CORP.
Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries in China. Backed by its proprietary technologies and expertise in HD Maps and multi-sourced intelligent spatial-temporal big data, Luokung has established city-level and industry-level holographic spatial-temporal digital twin systems and actively serves industries including smart transportation (autonomous driving, smart highway and vehicle-road collaboration), natural resource asset management (carbon neutral and environmental protection remote sensing data service), and LBS smart industry applications (mobile Internet LBS, smart travel, smart logistics, new infrastructure, smart cities, emergency rescue, among others). The Company routinely provides important updates on its website: https://www.luokung.com.
CONTACT:
The Company:
Mr. Jian Zhang
Chief Financial Officer
Tel: +86-10-6506-5217
Email: ir@luokung.com
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