SHENZHEN, China, May 18, 2022 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq:MFH) today announced that on May 13, 2022 the Company received a deficiency notice from The Nasdaq Stock Market, LLC (“Nasdaq”) that stated the Company no longer complies with Nasdaq’s Listing Rule 5250(c)(1) due to its failure to file Form 20-F for the period ended December 31, 2021 (the “Filing”). Nasdaq informed the Company that it has a period of 14 days until May 27, 2022 to submit a plan (the “Plan”) to Nasdaq detailing how the Company plans to regain compliance with Nasdaq’s continued listing requirements. If Nasdaq accepts the Company’s Plan to regain compliance in that respect, Nasdaq can grant an exception of up to 180 calendar days from the prescribed Filing due date or until October 28, 2022 to regain compliance.
Read more at globenewswire.comMercurity Fintech Holding Inc. plans to take appropriate measures after receiving the Nasdaq deficiency notice
Globe Newswire -
Wed May 18, 2022
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