ChinaNet (CNET) Regains Compliance with NASDAQ Minimum Bid Price Requirement

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Go back to ChinaNet (CNET) Regains Compliance with NASDAQ Minimum Bid Price Requirement

ChinaNet Online Holdings Regains Compliance with NASDAQ Minimum Bid Price Requirement

June 25, 2020 7:31 AM EDT

BEIJING, June 25, 2020 (GLOBE NEWSWIRE) -- ChinaNet Online Holdings, Inc. (Nasdaq: CNET) ("ChinaNet" or the "Company"), an integrated online advertising, precision marketing, and data-analysis and management services platform, today announced that on June 23, 2020 it received a written notice from the Listing Qualifications Staff of The NASDAQ Stock Market (NASDAQ) stating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which sets forth minimum bid price continued listing requirement.

As previously disclosed, the Company had previously been notified by NASDAQ on April 21, 2020 that it was not in compliance... More