SPI Energy Provides Update on Nasdaq Matter
November 29 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 Listing Qualifications
Department of The Nasdaq Stock Market Inc. stating that the Company
has regained compliance with the Nasdaq Listing Rule 5450(a)(1)
with respect to the bid price of the Company’s ordinary shares. As
stated in the letter, Staff has determined that for at least the
last 10 consecutive business days, from November 8, 2017 to
November 24, 2017, the closing bid price of the Company’s ordinary
shares has been at $1.00 per share or greater.
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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