Borqs Technologies announced that the company received a deficiency notification letter from the Nasdaq Stock Market on September 15, notifying the company that the company’s listed securities did not maintain a minimum market value of $35M for a period of 30 consecutive business days to meet the MVLS requirement.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BRQS:
- Borqs Technologies Receives Nasdaq Notification Regarding Minimum Market Value Deficiency
- Borqs Technologies, Inc. to Present on October 5th at the WallStreet Research / Global Capital Network / Med Tech Conference in Newport Beach, CA.
- Borqs Technologies, Inc. featured in an updated research report by WallStreet Research™ with a “Speculative Buy” Rating
- Borqs Technologies receives extension from CFIUS for HHE Divestment
- Borqs Technologies Received Extension from CFIUS for HHE Divestment, and Will Consider Share Buyback and/or Pay a Special Dividend