Luokung Technology (LKCO) has released an update.
Luokung Technology Corp. has received a 180-day extension from Nasdaq to meet the minimum bid price requirement, thereby maintaining its listing. The company has until October 28, 2024, to ensure its share price stays above $1.00 for at least 10 consecutive trading days to comply. Failure to meet this condition could lead to delisting, although the company can appeal any delisting decision.
For further insights into LKCO stock, check out TipRanks’ Stock Analysis page.