AirNet Technology Inc. (ANTE) has released an update.
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AirNet Technology Inc. has received a compliance extension from Nasdaq after a risk of delisting due to falling below the required minimum stockholders’ equity. They believe recent transactions, including share subscriptions and an equity disposal, have remedied the deficiency. Nasdaq will continue to monitor the company’s compliance ahead of its next periodic report to ensure ongoing adherence to listing requirements.
For further insights into ANTE stock, check out TipRanks’ Stock Analysis page.
