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Luokung Technology Corp. February 2025 Report: Nasdaq Delisting Notice Insights

$LKCO
Form 6-K
Filed on: 2025-02-14
Source
Luokung Technology Corp. February 2025 Report: Nasdaq Delisting Notice Insights

Here are the key insights extracted from the financial report section provided:

  1. Document Type: This is a Form 6-K, which is a report of a foreign private issuer filed with the SEC.
  2. Company Details:
  • Name: Luokung Technology Corp.
  • Commission File Number: 001-34738
  • Principal Executive Office Address: Room 805, West Tower, Century Fortune Center, Guanghua Road, Chaoyang District, Beijing, People's Republic of China 100020.
  1. Reporting Period: The report is for the month of February 2025.
  2. Filing Status: The company indicates that it files under Form 20-F and not Form 40-F.
  3. Press Release:
  • The report contains a press release dated February 14, 2025.
  • The press release announces that the company has received a Nasdaq delisting notice, which is subject to a hearing.
  1. Signatory:
  • The report is signed by Xuesong Song, who is the Chief Executive Officer of Luokung Technology Corp.
  1. Exhibits:
  • There is one exhibit listed (Exhibit No. 99.1), which is the aforementioned press release regarding the Nasdaq delisting notice.

Insights:

  • The receipt of a delisting notice indicates potential financial or compliance issues that could impact the company's stock performance and investor confidence.
  • The ability to file under Form 20-F suggests that Luokung Technology Corp. is committed to providing comprehensive financial disclosures, which is important for transparency with investors.
  • The report's focus on compliance with the Securities Exchange Act of 1934 reflects the company's obligations as a public entity trading on Nasdaq.

This information is crucial for investors and stakeholders to assess the company's current situation and future prospects.