WINNIPEG, Aug. 8, 2019 /CNW/ - DELTA 9 CANNABIS INC. (TSX-V: DN) (OTCQX: VRNDF) ("Delta 9" or the "Company") is pleased to announce that is has received conditional approval from the Toronto Stock Exchange (the "TSX") to graduate from the TSX Venture Exchange ("TSXV") and list its common shares (the "Common Shares"), Common Share purchase warrants expiring December 28, 2019 (the "2017 Warrants"), Common Share purchase warrants expiring July 17, 2022 (the "2019 Warrants") and 8.5% unsecured convertible debentures (the "Debentures") on the TSX.
SAO PAULO, Aug. 8, 2019 /PRNewswire/ -- Estre Ambiental, Inc. (NASDAQ: ESTR) (the "Company"), the publicly traded parent company of Estre Ambiental S.A. (together with the Company and its subsidiaries, "Estre"), announces that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated August 5, 2019 indicating that the Company no longer meets the continued listing requirement of maintaining a minimum Market Value of Publicly Held Shares ("MVPHS") for the Nasdaq Global Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C) or 5450(b)(3)(C), because the market value of the Company's publicly held ordinary shares for the last 30 consecutive business days was below the minimum MVPHS requirement of US$15,000,000. In addition, the Company has also received a notification letter from the Listing Qualifications Department of Nasdaq dated August 7, 2019 indicating that the Company no longer meets the continued listing requirement of maintaining a minimum bid price of US$1.00 per share for the Nasdaq Global Market, as set forth in the Nasdaq Listing Rule 5450(a)(1), because the closing bid price of the Company's listed ordinary shares for the last 30 consecutive business days was below the minimum bid price requirement of US$1.00 per share.
Global Cord Blood Corporation (NYSE: CO) Urged To Explain Management Compensation in Third Letter From Shareholder Group
NEW YORK, Aug. 7, 2019 /PRNewswire/ -- The Seiden Group, a law firm headquartered in New York, representing a shareholder group of Global Cord Blood Corporation (NYSE: CO) (the "Company" or "Global Cord") issued a third letter yesterday to Global Cord, which was addressed to the Compensation Committee of the Board of Directors. The letter demanded that the Compensation Committee explain why the current management team is paid millions of dollars each year, as well as close to $50 million dollars in stock compensation, while shareholders are suffering from the weak stock price, which is below CO's IPO price. The letter also requested that the Compensation Committee fulfill its fiduciary obligations by linking executive compensation to shareholder value creation.
BEIJING, Aug. 2, 2019 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business in China through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) as well as several U.S.-based SaaS businesses, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated July 30, 2019, notifying Renren that it is below compliance standards due to the trading price of Renren's American depositary shares (the "ADSs").
BEIJING, Aug. 2, 2019 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company"), 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(b)(1) due to its failure to disclose certain material information. The Company made an announcement regarding the material information identified in the Nasdaq notification letter earlier today.