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China Ceramics Regains Compliance With NASDAQ Listing Requirements

China Ceramics Regains Compliance With NASDAQ Listing Requirements

中國陶瓷重新符合納斯達克上市要求
Benzinga Real-time News ·  2020/09/21 21:12

JINJIANG, China, Sept. 21, 2020 /PRNewswire/ --China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that it has received a letter from the Listings Qualifications Department of The Nasdaq Stock Market notifying the Company that it has regained compliance with NASDAQ's minimum bid requirements for continued listing requirements on the NASDAQ Stock Market. On September 3, 2020, the Company effected a one-for-three reverse stock split to regain compliance with the minimum bid price requirement of $1.00 per share for continued listing on the NASDAQ Stock Market. The letter noted that since the closing bid of the Company's common stock has been $1.00 per share or more for 10 consecutive business days, from September 3, 2020 to September 18, 2020, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed.

中國晉江,9月1日。2020年21日/美通社/--中國陶瓷股份有限公司(納斯達克資本市場代碼:CCCL)是中國領先的住宅和商業建築外牆、室內地板和設計瓷磚製造商,今天宣佈收到納斯達克證券市場上市資格部的一封信,通知該公司,該公司已重新符合納斯達克關於繼續在納斯達克上市的最低投標要求。2020年9月3日,該公司實施了三股換一股的反向股票拆分,以重新遵守繼續在納斯達克股票市場上市的最低出價要求,即每股1.00美元。信中指出,自2020年9月3日至2020年9月18日,公司普通股收盤報價連續10個工作日為每股1.00美元或以上後,公司已重新遵守納斯達克上市規則5550(A)(2),此事現已結案。

譯文內容由第三人軟體翻譯。


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