AirNet Technology (ANTE)announced that the company received a notification letter from Nasdaq notifying the company that it is no longer in compliance with the requirement of maintaining a minimum of $2.5M in stockholders’ equity for continued listing on Nasdaq set forth in Nasdaq Listing Rule 5550(b)(1) based on the company’s reported stockholders’ equity in its Form 20-F for the year ended December 31, 2024, which is below the foregoing requirement of minimum stockholders’ equity. In addition, the company does not currently meet the alternative standards of compliance from its market value of listed securities or net income from continuing operations.
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