ZK International Group Co., Ltd. Resolves Nasdaq Bid Price Deficiency And Remains In Compliance With Nasdaq Listing Standards
ZK International Group Co., Ltd. Resolves Nasdaq Bid Price Deficiency And Remains In Compliance With Nasdaq Listing Standards
ZK International Group Co., Ltd. (NASDAQ:ZKIN) ("ZKIN", "ZK International" or the "Company"), a pioneer in innovation and technology, and a global leader in the design and production of stainless steel products, is pleased to announce that the bid price deficiency concern raised by Nasdaq has been successfully resolved.
創新和技術先驅以及不鏽鋼產品設計和生產領域的全球領導者ZK國際集團有限公司（納斯達克股票代碼：ZKIN）（“ZKIN”、“ZK International” 或 “公司”）欣然宣佈，納斯達克提出的投標價缺陷問題已成功解決。
The Company has received written notification (the "Nasdaq Notice") from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum bid price requirement set forth in the rules for continued listing on the Nasdaq Capital Market (the "Listing Rules").
公司已收到納斯達克股票市場有限責任公司（“納斯達克通知”）的書面通知（“納斯達克通知”），通知該公司已恢復遵守納斯達克資本市場繼續上市規則（“上市規則”）中規定的最低出價要求。
The Nasdaq Notice confirms that the Company has regained compliance with Listing Rule 5550(a)(2), as the Company's closing bid price exceeded US$1.00 for 10 consecutive business days from December 6, 2023 through December 20, 2023. Therefore, the Nasdaq Listing Qualifications Panel has decided to continue the listing of ZK International Group Co., Ltd.'s securities on The Nasdaq Stock Market. Consequently, the Panel has closed this matter, signifying the resolution of the bid price deficiency issue.
納斯達克通知證實，該公司已恢復遵守上市規則5550（a）（2），因爲從2023年12月6日到2023年12月20日，該公司的收盤價連續10個工作日超過1美元。因此，納斯達克上市資格小組決定繼續讓中科國際集團有限公司上市。”納斯達克股票市場上的證券。因此，專家小組已結案，表明出價缺陷問題已得到解決。
ZK International Group Co., Ltd. extends its sincere appreciation to Donohoe Advisory Associates LLC for their professionalism and expertise in guiding the company through this matter. The legal firm's support has been instrumental in achieving a successful resolution.
ZK國際集團有限公司衷心感謝Donohoe Advisory Associates LLC在指導公司解決此事方面表現出的專業精神和專業知識。該律師事務所的支持對成功達成解決方案起到了重要作用。
ZK International Group Co., Ltd. remains committed to maintaining the highest standards of corporate governance and compliance. The company appreciates the support of its shareholders and looks forward to continuing to deliver value through its innovative products and services.
ZK國際集團有限公司仍然致力於維持最高的公司治理和合規標準。該公司感謝股東的支持，並期待繼續通過其創新的產品和服務創造價值。
譯文內容由第三人軟體翻譯。