Santech Faces Nasdaq Non-Compliance Notice Over Delayed Filing Of Its Annual Report On Form 20-F For Year Ended June 30, 2024
Santech Faces Nasdaq Non-Compliance Notice Over Delayed Filing Of Its Annual Report On Form 20-F For Year Ended June 30, 2024
Santech Holdings Limited (NASDAQ:STEC) ("Santech" or the "Company") announced today that it received a notice of non-compliance from Nasdaq Stock Market LLC ("Nasdaq") on November 21, 2024 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended June 30, 2024, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company's American depositary shares on the Nasdaq.
Santech Holdings Limited (納斯達克:STEC)（"Santech"或"公司"）今天宣佈，2024年11月21日，納斯達克股票市場有限責任公司（"納斯達克"）向其發出了不合規通知，指出由於未能及時提交截至2024年6月30日的20-F表年報，公司未能遵守納斯達克上市規則5250(c)(1)，該規則要求向證券交易委員會及時提交定期財務報告。此通知對公司在納斯達克的美國存托股票的上市或交易沒有立即影響。
Under Nasdaq's listing rules, the Company has 60 calendar days to submit a plan to regain compliance. If the plan is accepted by Nasdaq, the Company can be granted up to 180 calendar days from the Form 20-F's due date, or until May 14, 2024, to regain compliance.
根據納斯達克的上市規則，公司有60個日曆天的時間提交計劃以恢復合規。如果該計劃被納斯達克接受，公司可以獲得從20-F表的到期日（即截至2024年5月14日）起最多180個日曆天的時間以恢復合規。
The Company is currently working with its advisers to prepare the Filing or to formulate the requisite plan to regain compliance and intends to submit such Filing or such plan to Nasdaq within the timeframe required under Nasdaq's Rules.
公司目前正在與顧問合作，準備提交所需文件或制定恢復合規所需的計劃，並計劃在納斯達克規則要求的時間內向納斯達克提交該文件或計劃。
譯文內容由第三人軟體翻譯。