Current Report Filing (8-k)
September 03 2015 - 4:52PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section
15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event
Reported): September 3, 2015 (August 27, 2015)
China
Commercial Credit, Inc.
(Exact name of registrant as specified
in its charter)
Delaware |
|
001-36055 |
|
45-4077653 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
No. 1688, Yunli
Road, Tongli
Wujiang, Jiangsu
Province
People’s
Republic of China
(Address of
Principal Executive Offices)
(86-0512)
6396-0022
(Issuer’s telephone number)
Check the appropriate box below if the Form 8-K filing
is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 3.01 Notice of Delisting or Failure to Satisfy
a Continued Listing Rule or Standard; Transfer of Listing.
On August 27, 2015, China Commercial
Credit, Inc. (the “Company”) received written notice from the Nasdaq Stock Market (“Nasdaq”) stating that
the Company is no longer in compliance with the $1.00 minimum closing bid price requirement for continued listing on The Nasdaq
Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). The notice has no immediate effect on the listing of the Company’s
common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol “CCCR” at this
time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a grace period of 180 calendar days, or until February
23, 2016, to regain compliance with the minimum closing bid price requirement. To regain compliance, the closing bid price of the
Company’s common stock must meet or exceed $1.00 per share for at least ten consecutive business days during this 180-day
compliance period.
If the Company does not regain compliance
with the minimum closing bid price requirement by February 23, 2016, Nasdaq may provide written notification to the Company that
its securities will be subject to delisting. At that time, the Company may have alternatives to obtain an extension and/or avoid
delisting, including an appeal of Nasdaq’s delisting determination to the Nasdaq Listing Qualifications Panel.
The Company intends to monitor the closing
bid price of its common stock between now and February 23, 2016 and will consider the various options available to it if its common
stock does not trade at a level that is likely to regain compliance.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
CHINA COMMERCIAL CREDIT, INC. |
|
|
|
Date: September 3, 2015 |
By: |
/s/ Long Yi |
|
Name: |
Long Yi |
|
Title: |
Chief Financial Officer |
TD (NASDAQ:GLG)
Historical Stock Chart
From Mar 2024 to Apr 2024
TD (NASDAQ:GLG)
Historical Stock Chart
From Apr 2023 to Apr 2024