Luokung Technology Faces Nasdaq Compliance Challenges
Company Announcements

Luokung Technology Faces Nasdaq Compliance Challenges

Luokung Technology (LKCO) has released an update.

Luokung Technology has regained compliance with Nasdaq’s periodic filing requirements but faces a new challenge as it must address a stockholders’ equity deficiency to maintain its listing. The company now has until December 9, 2024, to submit a plan to rectify this issue and potentially secure an extension. Luokung remains focused on its advanced spatial-temporal big data services and high-definition mapping solutions in China.

For further insights into LKCO stock, check out TipRanks’ Stock Analysis page.

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