Luokung Technology to implement 8-to-1 share combination

Luokung Technology reported that it expects to implement an 8-to-1 share combination on its ordinary shares effective Tuesday, September 17, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on the Nasdaq. The share combination at a ratio of 8-to-1 shares was approved by the company’s board of directors.