SPI Energy Provides Update on Nasdaq Matters
November 03 2017 - 8:00AM
SPI Energy Co., Ltd. (“SPI Energy” or the “Company”) (Nasdaq:SPI),
a global clean energy market place for business, residential,
government and utility customers and investors, today announced
that it received a letter from The Nasdaq Stock Market LLC stating
that the Company has regained compliance with the Nasdaq Listing
Rule 5250(c)(1) with respect to the filing of its annual report on
Form 20-F for the year ended December 31, 2016. Accordingly, the
Nasdaq Hearings Panel has determined to continue the listing of the
Company’s securities on The Nasdaq Stock Market.
As previously disclosed, the Company is not in compliance with
the minimum bid price requirement under Rule 5810(c)(3)(A) of the
Nasdaq Listing Rules. The Company has a compliance period
until November 21, 2017 to regain compliance with the minimum bid
price requirement.
About SPI Energy Co., Ltd.
SPI Energy Co., Ltd. is a global provider of photovoltaic (PV)
solutions for business, residential, government and utility
customers and investors. SPI Energy focuses on the EPC/BT, storage
and O2O PV market including the development, financing,
installation, operation and sale of utility-scale and residential
PV projects in China, Japan, Europe and North America. The Company
operates an online energy e-commerce and investment platform in
China, as well as B2B e-commerce platform offering a range of PV
and storage products in Australia. The Company has its operating
headquarters in Hong Kong and maintains global operations in Asia,
Europe, North America and Australia.
For additional information, please visit:
http://investors.spisolar.com
For investors and media inquiries please contact:SPI Energy Co.,
Ltd.IR DepartmentEmail: ir@spisolar.com
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