The latest announcement is out from Luokung Technology ( (LKCO) ).
On February 11, 2025, Luokung Technology Corp. announced that it received a delisting notice from The Nasdaq Stock Market due to non-compliance with Nasdaq Listing Rule 5550(b), as the company failed to demonstrate a plan to achieve compliance or sustain it over time. The company intends to appeal the delisting determination, which will temporarily suspend the delisting process. If the appeal is not made by February 18, 2025, trading of its shares will be suspended starting February 20, 2025. Luokung is considering various options to regain compliance.
More about Luokung Technology
Luokung Technology Corp. is a leading company in spatial-temporal intelligent big data services, and a provider of location-based services (LBS) and high-definition (HD) maps for various industries in China. The company utilizes proprietary technologies in HD maps and multi-sourced intelligent spatial-temporal big data to develop city-level and industry-level holographic spatial-temporal digital twin systems. These systems serve industries such as smart transportation, natural resource asset management, and various LBS smart industry applications.
YTD Price Performance: 8.29%
Average Trading Volume: 74,708
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $13.48M
For a thorough assessment of LKCO stock, go to TipRanks’ Stock Analysis page.