QINGDAO, China, May 23, 2019 /PRNewswire/ -- TDH Holdings, Inc. (PETZ), a PRC-based company that specializes in the development, manufacturing and sales of various pet food products under multiple established brands in China, Asia and Europe, today announced that on May 20, 2019 it received a notification letter from Nasdaq Listing Qualifications advising the Company that it failed to maintain a minimum of $2,500,000 in stockholders' equity for continued listing on the Nasdaq Stock Market as required under Listing Rule 5550(b)(1). The Company's recently filed Form 20-F for the period ended December 31, 2018 reported stockholders' equity of $(1,936,567). Since the Company does not meet the alternatives of market value of listed securities or net income from continuing operations, it no longer complies with the Nasdaq Listing Rules. As a result, the Company has 45 calendar days (no later than July 5, 2019) to submit a plan to regain compliance with the foregoing listing requirement. To the extent the Company's plan of compliance is accepted, it may be granted an extension of up to 180 calendar days from the date of the deficiency notification to evidence compliance. While the Company intends to submit its compliance plan to address the foregoing deficiency, the Company cannot provide any assurance that it will be able to present a plan of compliance that will be accepted by the Nasdaq staff. In the event the Company's plan is not accepted, the Company's securities may be subject to delisting and the Company may have the opportunity to appeal the staff's delisting determination to a Hearings Panel.
NEW YORK, May 23, 2019 /PRNewswire/ -- Report entitled "A Short Cloud Call" outlines how Verint faces 60-70% downside risk to approximately $17.00 to $25.00 per share due to the market's misunderstanding of the Company's flat-to-negative organic sales growth, which, obfuscated by frequent M&A, a "beat-and-raise cookie jar," and aggressive accounting measures, is misunderstood by the Street. With the market valuing Verint like a high-flying SaaS company on an aggressive and low-quality measure of adjusted earnings, Spruce Point believes that the stock's recent surge is unsustainable and will correct as recent accounting-driven benefits are anniversaried.
DENVER, May 21, 2019 /PRNewswire/ -- Cureton Midstream, LLC ("Cureton" or the "Company"), a Denver-based, growth-oriented midstream company focused on providing commercial solutions, today announced that the Company has signed commercial agreements with six DJ Basin oil and gas producers. These producers have made long-term dedications of leasehold to Cureton's gas gathering and processing system in Weld County, Colorado.
S&P Dow Jones Indices Launches Global ESG Index Series Based on Core Regional and Country Benchmarks
NEW YORK, May 21, 2019 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, today announced the newest additions to its global Environmental, Social and Governance (ESG) index family. Drawing from two decades of pioneering ESG index innovation, this new set of indices provides performance profiles in line with several headline indices including the S&P Global 1200, Europe 350, S&P/ASX 200 and S&P Japan 500.
Berger Montague Investigates Class Action Claims Against Dynagas LNP Partners LP (NYSE: DLNG); Lead Plaintiff Deadline is July 16, 2019
PHILADELPHIA, May 20, 2019 /PRNewswire/ -- Berger Montague announces that a class action lawsuit has been filed against Dynagas LNP Partners LP ("Dynagas" or the "Company) (DLNG) and several of its executives and associated entities on behalf of those who purchased the securities of Dynagas between February 16, 2018 and March 21, 2019, inclusive (the "Class Period").
BEIJING, May 17, 2019 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China, today announced that it received a notification letter from Nasdaq Listing Qualifications ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Annual Report on Form 20-F for the year ended December 31, 2018 (the "2018 Form 20-F").
TORONTO, May 16, 2019 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce the launch of U.S. dollar denominated unhedged ETF units ("USD Unhedged ETF Units") of the Evolve Cyber Security Index Fund ("CYBR"), making it more convenient for Canadians who want to use U.S. dollars to invest.