Borqs Filed Annual Report for Year Ended December 31, 2019 And Regained Compliance with Nasdaq Continuous Listing Rules
October 05 2020 - 9:00AM
Borqs Technologies, Inc. (Nasdaq: BRQS), (the “Company”, or
“Borqs”), a global leader in embedded software and products for the
Internet of Things (IoT) industry, announced it filed the annual
report for the year ended December 31, 2019 on Form 20-F on
September 30, 2020 with the U.S. Securities and Exchange
Commission. The Company received a letter dated October 2, 2020
from the Hearings Advisor of the Nasdaq Office of General Counsel
stating that the Company “has regained compliance with the Nasdaq
Listing Rule 5250(c)(1)”. Currently, the Company has met all
continued listing requirements of the Nasdaq Capital Market.
About Borqs
Technologies, Inc.: Borqs
Technologies is a global leader in software and products for the
IoT, providing customizable, differentiated and scalable
Android-based smart connected devices and cloud service solutions.
Borqs has achieved leadership and customer recognition as an
innovative end-to-end IoT solutions provider leveraging its
strategic chipset partner relationships as well as its broad
software and IP portfolio.
Borqs’ unique strengths include its Android and
Android Wear Licenses which enabled the Company to develop a
software IP library covering chipset software, Android
enhancements, domain specific usage and system performance
optimization, suitable for large and low volume customized
products. The Company is also currently in development of 5G
products like smartphones and hotspots.
Investor Contact:Sandra DouDirector of FinanceBorqs
Technologies, Inc.sandra.dou@borqs.netwww.borqs.com
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