Recon Technology Regains Nasdaq Compliance; The Compliance Letter Provided That The Company's Scheduled Hearing Had Been Determined To Be Moot And Had Been Cancelled

Author: Benzinga Newsdesk | May 23, 2024 10:02am

Recon Technology, Ltd. (NASDAQ:RCON) ("Recon" or the "Company") announced today that on May 22, 2024, it had received a letter dated May 22, 2024 (the "Compliance Letter") from the Listing Qualifications Hearings Department of Nasdaq notifying the Company that (i) the Company's bid price deficiency had been cured and (ii) the Company was in compliance with all applicable listing standards. Accordingly, the Compliance Letter provided that the Company's scheduled hearing had been determined to be moot and had been cancelled, and the Company's ordinary shares will continue to be listed and traded on The Nasdaq Capital Market.

Posted In: RCON