The9 Limited (NCTY) has released an update.
The9 Limited, a well-established Internet company listed on Nasdaq, has successfully regained compliance with the Nasdaq’s Listing Rule 5550(b), securing its position on the Nasdaq Capital Market. This achievement follows The9’s fulfillment of the financial requirements, which include maintaining a certain level of stockholders’ equity, market value of listed securities, or net income from continuing operations. The compliance matter is now officially concluded, as confirmed by a notification from the Nasdaq.
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