ChinaCache Receives NASDAQ Notice Related to Late Filing of Form 20-F
May 22 2017 - 8:00AM
ChinaCache International Holdings Ltd. ("ChinaCache" or the
"Company") (Nasdaq:CCIH), a leading total solutions provider
of Internet content and application delivery services
in China, today announced that it has received a letter from
the NASDAQ Stock Market, dated May 18, 2017 (the “Delinquency
Letter”), notifying the Company that it is not in compliance with
the requirements for continued listing set forth in NASDAQ Listing
Rule 5250(c)(1) because it did not timely file its annual report on
Form 20-F for the year ended December 31, 2016 (the “2016 Annual
Report”).
In accordance with NASDAQ Listing Rules, the
Company has 60 calendar days from the date of the Delinquency
Letter to submit a plan to regain compliance with NASDAQ Listing
Rules (the “Compliance Plan”). If NASDAQ accepts the Compliance
Plan, NASDAQ may grant the Company an extension until November 14,
2017 to regain compliance. ChinaCache intends either to file its
2016 Annual Report or submit the Compliance Plan within the
prescribed 60-day period.
The Deficiency Letter has no immediate impact on
the listing of the Company’s ordinary shares represented by
American depositary shares on the Nasdaq Global Select Market.
This announcement is made in compliance with
NASDAQ Listing Rule 5810(b), which requires prompt disclosure of
receipt of a deficiency notification.
About ChinaCache International Holdings
Ltd. ChinaCache International Holdings Ltd. (Nasdaq:CCIH)
is a leading total solutions provider of Internet content and
application delivery services in China. As a carrier-neutral
service provider, ChinaCache's network in China is interconnected
with networks operated by all telecom carriers, major non-carriers
and local Internet service providers. With more than a decade of
experience in developing solutions tailored to China's complex
Internet infrastructure, ChinaCache is a partner of choice for
businesses, government agencies and other enterprises to enhance
the reliability and scalability of online services and applications
and improve end-user experience. For more information on
ChinaCache, please visit ir.chinacache.com.
For investor and media inquiries please contact:
Investor Relations Department
ChinaCache International Holdings
Tel: +86 10 6408 5307
Email: ir@chinacache.com
Mr. Ross Warner
The Piacente Group | Investor Relations
Tel: +86 10 5730-6200
Email: chinacache@tpg-ir.com
Ms. Brandi Piacente
The Piacente Group | Investor Relations
Tel: +1 212-481-2050
Email: chinacache@tpg-ir.com
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