Aurora Mobile Updates the Status under Holding Foreign Companies Accountable Act
April 22 2022 - 5:00AM
Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the
“Company”), a leading mobile developer service provider in China,
today updates its status under the Holding Foreign Companies
Accountable Act (the "HFCAA").
On April 21, 2022, in connection with its
implementation of the HFCAA, the U.S. Securities and Exchange
Commission (the “SEC”) provisionally named the Company as a
Commission-Identified Issuer following the Company’s filing of its
annual report on Form 20-F for the fiscal year ended December 31,
2021 (the “2021 Form 20-F”) with the SEC on April 14, 2022.
The Company understands the SEC made such
identification pursuant to the HFCAA, which states if the SEC
determines that a company has filed audit reports issued by a
registered public accounting firm that cannot be inspected or
investigated completely by the Public Company Accounting Oversight
Board (the “PCAOB”), for three consecutive years beginning in 2021,
the SEC shall prohibit its shares or American depositary shares
(the “ADSs”) from being traded on a national securities exchange or
in the over-the-counter trading market in the U. S. The Company has
previously disclosed that its independent auditor, the independent
registered public accounting firm that issued the audit report
included in its 2021 Form 20-F, is not currently subject to
inspection by the PCAOB, hence the identification by the PCAOB is
expected.
The Company has been actively exploring possible
solutions to protect the interest of its stakeholders. The Company
will continue to comply with applicable laws and regulations in
both China and the U.S., and strive to maintain its listing status
on Nasdaq.
About Aurora Mobile Limited
Founded in 2011, Aurora Mobile is a leading mobile
developer service provider in China. Aurora Mobile is committed to
providing efficient and stable push notification, one-click
verification, and app traffic monetization services to help
developers improve operational efficiency, grow and monetize.
Meanwhile, Aurora Mobile's vertical applications have expanded to
market intelligence, and financial risk management, empowering
various industries to improve productivity and optimize
decision-making.
For more information, please visit
https://ir.jiguang.cn/.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “future,”
“intends,” “plans,” “believes,” “estimates,” “confident” and
similar statements. Among other things, the Business Outlook and
quotations from management in this announcement, as well as Aurora
Mobile’s strategic and operational plans, contain forward-looking
statements. Aurora Mobile may also make written or oral
forward-looking statements in its reports to the U.S. Securities
and Exchange Commission, in its annual report to shareholders, in
press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties.
Statements that are not historical facts, including but not limited
to statements about Aurora Mobile’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the
following: Aurora Mobile’s strategies; Aurora Mobile’s future
business development, financial condition and results of
operations; Aurora Mobile’s ability to attract and retain
customers; its ability to develop and effectively market data
solutions, and penetrate the existing market for developer
services; its ability to transition to the new advertising-driven
SAAS business model; its ability maintain or enhance its brand; the
competition with current or future competitors; its ability to
continue to gain access to mobile data in the future; the laws and
regulations relating to data privacy and protection; general
economic and business conditions globally and in China and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in the
Company’s filings with the Securities and Exchange Commission. All
information provided in this press release and in the attachments
is as of the date of the press release, and Aurora Mobile
undertakes no duty to update such information, except as required
under applicable law.
For general inquiry, please contact:
Aurora Mobile LimitedE-mail: ir@jiguang.cn
ChristensenIn ChinaMr. Eric YuanPhone:
+86-10-5900-1548E-mail: eyuan@christensenir.com
In USMs. Linda BergkampPhone: +1-480-614-3004Email:
lbergkamp@christensenir.com
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