Xiao-I Corporation Regains Compliance With Nasdaq Listing Rules
Xiao-I Corporation Regains Compliance With Nasdaq Listing Rules
SHANGHAI, Sept. 10, 2024 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading artificial intelligence company, today announced that on September 9, 2024 it received a written notice from The Nasdaq Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") stating that the Company regained compliance with the minimum bid price requirement, as set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market.
上海，2024年9月10日 /PRNewswire/ — 領先的人工智能公司小易公司（納斯達克股票代碼：AIXI）（「小一」 或 「公司」）今天宣佈，它於2024年9月9日收到了納斯達克股票市場有限責任公司（「納斯達克」）納斯達克上市資格工作人員的書面通知，稱該公司恢復了納斯達克上市規則5450中規定的最低投標價要求（a) (1) 用於繼續在納斯達克全球市場上市。
As previously disclosed, on July 11, 2024, Xiao-I was notified by Nasdaq that its American Depositary Share ("ADS") had failed to meet the $1.00 minimum closing bid price over a consecutive 30-business-day period, as required by Nasdaq Listing Rule 5450(a)(1). The Company was given a compliance period to meet the requirement by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.
正如先前披露的那樣，納斯達克於2024年7月11日通知小米，其美國存托股票（「ADS」）未能按照《納斯達克上市規則》5450（a）（1）的要求在連續30個工作日內達到1.00美元的最低收盤價。通過至少連續10個工作日將收盤價維持在至少1.00美元，從而爲公司提供了滿足要求的合規期限。
As of September9, 2024, Nasdaq has confirmed that Xiao-I's ADS has maintained a closing bid price of $1.00 or more for 10 consecutive business days, from August 23, 2024 to September 8, 2024. Accordingly, Nasdaq has determined that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), and the matter is now closed.
截至2024年9月9日，納斯達克證實，從2024年8月23日至2024年9月8日，小米的ADS連續10個工作日將收盤價維持在1.00美元或以上。因此，納斯達克已確定該公司已恢復遵守納斯達克上市規則5450（a）（1），此事現已結案。
About Xiao-I Corporation
關於 Xiao-I 公司
Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: .
Xiao-I Corporation是中國領先的認知智能企業，在人工智能領域提供多樣化的商業解決方案和服務，涵蓋自然語言處理、語音和圖像識別、機器學習和情感計算。自2001年成立以來，公司已經開發了廣泛的認知智能技術產品組合，這些技術非常適合並已應用於各種商業案例。Xiao-I利用其尖端的專有人工智能技術爲其認知智能產品和服務提供動力，以實現和促進工業數字化、智能升級和轉型。欲了解更多信息，請訪問:.
Forward-Looking Statements
前瞻性陳述
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's ability to achieve its goals and strategies, the Company's future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission ("SEC"). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, including under the section entitled "Risk Factors" in its annual report on Form 20-F filed with the SEC on April 30, 2024, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
本新聞稿包含1995年《私人證券訴訟改革法》所定義的前瞻性陳述。前瞻性陳述包括有關計劃、目標、目標、戰略、未來事件或業績的陳述，以及基本假設和其他非歷史事實陳述的陳述。當公司使用諸如 「可能」、「將」、「打算」、「應該」、「相信」、「期望」、「預期」、「項目」、「估計」 等不僅僅與歷史問題相關的詞語時，它是在發表前瞻性陳述。前瞻性陳述不能保證未來的業績，涉及風險和不確定性，可能導致實際業績與前瞻性陳述中討論的公司預期存在重大差異。這些陳述受不確定性和風險的影響，包括但不限於以下方面：公司實現其目標和戰略的能力、公司未來的業務發展和未來業務發展計劃，包括其財務狀況和經營業績、產品和服務的需求和接受度、聲譽和品牌、競爭和定價的影響、技術變化、政府監管、中國總體經濟和商業狀況的波動，以及任何相關假設公司向美國證券交易委員會（「SEC」）提交的報告中包含的上述風險和其他風險。出於這些原因，除其他外，提醒投資者不要過分依賴本新聞稿中的任何前瞻性陳述。公司向美國證券交易委員會提交的文件中還討論了其他因素，包括其於2024年4月30日向美國證券交易委員會提交的20-F表年度報告中題爲 「風險因素」 的部分，以及其當前的6-K表和其他文件報告，所有這些文件均可在www.sec.gov上查閱。公司沒有義務公開修改這些前瞻性陳述以反映在本聲明發布之日之後發生的事件或情況。
For investor and media inquiries, please contact:
Ms. Berry Xia
Email: ir@xiaoi.com
投資者和媒體垂詢，請聯繫：
夏貝瑞女士
電子郵件：ir@xiaoi.com
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SOURCE Xiao-I Corporation
來源 Xiao-I 公司
譯文內容由第三人軟體翻譯。
