Color Star Technology Co., Ltd. (NASDAQ: HHT) (the “Company”,” we”, or “HHT”) announces that on August 10, 2020, the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Nasdaq Listing Rules 5550(a)(2), as the Company maintained a closing bid price of $1.00 per share or greater for twenty (20) consecutive days from July 13 through August 7, 2020. Accordingly, Nasdaq Staff has determined that the Company complies with the Rule, and the prior bid price deficiency matter is now closed.
Additional details regarding the Compliance Letter can be found in the Form 6-K to be filed with the Securities and Exchange Commission.
About Color Star Technology Co., Ltd.
Color Star Technology Co, Ltd. (Nasdaq: HHT) offers online and offline innovative education services for music and entertainment industries globally. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. The Company also offers after-school entertainment tutoring in New York via its joint venture entity Baytao LLC.