When Jixing failed to submit its annual report on time, NASDAQ issued a notice of violation _ information_ Jisuxia _ Caijing. com - CAIJING COM.CN

Polar Star failed to submit its annual report on time, and NASDAQ issued a notice of violation

Source: Caijing Author: Jia Zijian 2024-05-21 10:30
Introduction

Jixing said that the notice will not have a direct impact on the listing of the company's securities. On the premise that the company continues to comply with other listing requirements, the company's securities will continue to be traded on NASDAQ

Recently, Polar Star announced that because it had not submitted its annual report as of December 31, 2023, the company had received a notice from NASDAQ confirming that the company did not comply with the provisions of the NASDAQ Listing Rules, which required the timely submission of all necessary periodic financial reports to the U.S. Securities and Exchange Commission.

Jixing said that the notice will not have a direct impact on the listing of the company's securities. On the premise that the company continues to comply with other listing requirements, the company's securities will continue to be traded on NASDAQ. The company has 60 days to submit the compliance plan to NASDAQ since the date of the notice. Jixing said that it is trying to submit its annual report as soon as possible and report the unaudited preliminary financial and operating results of the first quarter of 2024 in the near future. (China Auto News)

Edit: An An

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