Antelope Enterprise Holdings Limited received Nasdaq deficiency letter due to low share price

From GlobeNewswire: 2024-11-05 16:30:00

Antelope Enterprise Holdings Limited received a deficiency letter from Nasdaq due to its Class A ordinary shares closing below $1.00 for 30 consecutive days. The company has until January 22, 2024, to regain compliance. If not, a second 180-day period may be granted. Failure to comply by April 30, 2025, may lead to delisting. Antelope Enterprise intends to monitor its share price and may consider a reverse stock split to regain compliance. The company’s livestreaming e-commerce business, Kylin Cloud, provides access to over 800,000 hosts and influencers in China. For more information, visit https://aehltd.com.



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