{"id":476276,"date":"2021-04-14T09:04:36","date_gmt":"2021-04-14T13:04:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/luokung-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/"},"modified":"2021-04-14T09:04:36","modified_gmt":"2021-04-14T13:04:36","slug":"luokung-regains-compliance-with-nasdaq-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/luokung-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/","title":{"rendered":"Luokung Regains Compliance with Nasdaq Minimum Bid Price Requirement"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n BEIJING<\/span>, April 14, 2021<\/span> \/PRNewswire\/ —\u00a0Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services and big data processing technology company in China<\/span>, today announced that it received a letter from The Nasdaq Stock Market LLC notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. The letter noted that as of\u00a0April 8, 2021, the Company evidenced a closing bid price of its ordinary shares at or greater than the\u00a0$1.00\u00a0per share minimum requirement for the last 20 consecutive business days, from March 11, 2021<\/span> through April 8, 2021<\/span>. Nasdaq stated that accordingly, Luokung has regained compliance with Nasdaq Marketplace Rule 5550(a)(2), and Nasdaq considers the matter closed.<\/p>\n

\n About Luokung Technology Corp.<\/b>\n <\/p>\n

Luokung Technology Corp. is one of the world’s leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China<\/span>. It provides integrated DaaS, SaaS, and PaaS services for Internet and Internet of Things of Spatial-Temporal big data based on its patented technology. Based on geographic information systems and intelligent Spatial-Temporal big data, it establishes city-level and industry-level digital twin holographic data models to actively serve smart cities, intelligent transportation, smart industry, LBS. For more information, please visit http:\/\/www.luokung.com<\/a>. The Company routinely provides important updates on its website.<\/p>\n

\n
\n Contact:<\/b>
\n <\/b>\n <\/p>\n

\n At the Company:
<\/u>Mr. Jay Yu<\/span>
Chief Financial Officer
Tel: +86-10-5327-4727
Email: ir@luokung.com<\/a><\/p>\n

\n Investor Relations
<\/u>
\n Adam Prior<\/span>
\n
Senior Vice President
The Equity Group Inc.
Tel: 212-836-9606\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
Email: aprior@equityny.com<\/a><\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/luokung-regains-compliance-with-nasdaq-minimum-bid-price-requirement-301268748.html<\/a><\/p>\n

SOURCE Luokung Technology Corp.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire BEIJING, April 14, 2021 \/PRNewswire\/ —\u00a0Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services and big data processing technology company in China, today announced that it received a letter from The Nasdaq Stock Market LLC notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. The letter noted that as of\u00a0April 8, 2021, the Company evidenced a closing bid price of its ordinary shares at or greater than the\u00a0$1.00\u00a0per share minimum requirement for the last 20 consecutive business days, from March 11, 2021 through April 8, 2021. Nasdaq stated that accordingly, Luokung has regained compliance with Nasdaq Marketplace Rule 5550(a)(2), and Nasdaq considers the matter closed. … <\/p>\n

Continue reading “Luokung Regains Compliance with Nasdaq Minimum Bid Price Requirement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-476276","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLuokung Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/luokung-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Luokung Regains Compliance with Nasdaq Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BEIJING, April 14, 2021 \/PRNewswire\/ —\u00a0Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services and big data processing technology company in China, today announced that it received a letter from The Nasdaq Stock Market LLC notifying the Company that it has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement. The letter noted that as of\u00a0April 8, 2021, the Company evidenced a closing bid price of its ordinary shares at or greater than the\u00a0$1.00\u00a0per share minimum requirement for the last 20 consecutive business days, from March 11, 2021 through April 8, 2021. 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