Borqs Technologies Requests for Hearing regarding the $1 Minimum Bid Price Deficiency
03 5월 2023 - 10:00PM
Borqs Technologies, Inc. (Nasdaq: BRQS, or the “Company”) a global
provider of 5G wireless solutions, Internet of Things (IoT)
solutions, and innovative clean energy, announced that it received
written notification from the Listing Qualifications Staff of The
Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has
not regained compliance with the minimum bid price of $1 required
for continued listing on The Nasdaq Capital Market, as set forth in
Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”).
The Company has engaged the firm of Donohoe
Advisory Associates LLC to request a hearing which will stay the
suspension or delisting action pending the hearing and the
expiration of any extension period granted by the Panel following
the hearing. Consequently, the Company’s ordinary shares are
expected to remain listed on The Nasdaq Capital Market at least
until the Panel renders a decision following the hearing. There can
be no assurance that the Panel will determine to continue the
Company’s listing on The Nasdaq Capital Market or that the Company
will timely evidence compliance with the terms of any extension
that may be granted by the Panel following the hearing.
Investor Contact:Sandra DouVice President of Corporate
FinanceBorqs Technologies, Inc.IR@borqs.com www.borqs.com
Borqs Technologies (NASDAQ:BRQS)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
Borqs Technologies (NASDAQ:BRQS)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024