Antelope Enterprise Holdings regains compliance with Nasdaq listing rules

Antelope Enterprise Holdings, the majority owner and operator of KylinCloud, a leading livestreaming social ecommerce platform with 300,000+ anchors and influencers in China, announced that on March 27, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market confirming the Company has regained compliance with NASDAQ’s minimum bid price requirement under Listing Rule 5550. The Company regained compliance with NASDAQ’s requirements when the closing bid price for the Company’s Class A ordinary shares were at or above $1.00 for 10 consecutive business days and the matter is now closed.