FinancialBuzz.com’s latest Buzz on the Street Show: Featuring Our Corporate News Recap on “Breaking News: Color Star Technology Co., Ltd. Regains Compliance with Nasdaq Minimum Bid Price Listing Requirement”
Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), announced today that it has received a letter from the NASDAQ Listing Qualifications Staff notifying the Company that it has regained compliance with NASDAQ’s minimum bid price requirements for continued listing on the Nasdaq Capital Market. The letter noted that as a result of the closing bid price of the Company’s ordinary shares having been at $1.00 per share or greater for more than ten consecutive business days, from March 18, 2021 through April 6, 2021, the Company has regained compliance with Listing Rule 5550(a)(2) and the matter is now closed.
Recently, Color Star is moving forward to diversify its strategic cooperation arrangements. From artificial intelligence and new media art to cultural copyrights and art and media industrial parks, it is highlighting the core of “technology + culture,” while combining online services with offline entities. By focusing on services that customers need, the Company will be able to realize its potential and improve its product offerings. The Color Star team is united and working to bring the best quality content to its global users and customers, as well as bringing more business opportunities for all partners.
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