Moxian Announces Receipt of Nasdaq Notice of Deficiency and Regaining Compliance
08 Février 2022 - 2:00PM
Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), an
Internet media marketing services provider, today announces that,
on February 7, 2022, the Company received a letter from the Listing
Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC
(“Nasdaq”) stating that the Company no longer met the periodic
filing requirement of Nasdaq Listing Rule 5250(c)(1) (the “Rule”)
since the Company failed to file its Form 20-F transition report
covering the transition period from October 1 to December 31, 2020
(the “Form 20-F”), which was due to be filed with the Securities
and Exchange Commission by November 16, 2021. However, based on the
filing of the Company’s Form 20-F on February 7, 2022, the Staff
has determined that the Company complies with the Rule, and subject
to the disclosure requirement of Nasdaq Listing Rule 5810(b) that
the Company make a public announcement regarding the letter, this
matter is now closed.
About Moxian (BVI)
Inc
Moxian (BVI) Inc, a company organized in the
British Virgin Islands in May 2021, is the surviving company
following its merger with Moxian, Inc. in August 2021. Moxian (BVI)
Inc is based in Hong Kong SAR, China, and currently operates in
Beijing, China, as a provider of media marketing services.
Forward-Looking Statements
This announcement contains forward-looking
statements as defined in Section 21E of the Securities Exchange Act
of 1934 as amended. These forward-looking statements are based on
the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995 and may be governed by terms such as “will,”
“expect,” “anticipate,” “future,” “intend,” “plan,” Believe,
“estimate”, “potential”, “continue”, “in progress”, “goal”,
“guidance expectations” and similar statements are identified. The
company may also include in its periodic reports to the US
Securities and Exchange Commission (“SEC”), annual reports to
shareholders, press releases and other written materials, as well
as oral statements from third parties to the company’s management,
directors or employees. Oral forward-looking statements. Any
statements that are not historical facts, including statements
about the company’s philosophy and expectations, are
forward-looking statements that involve factors, risks, and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements. These factors and
risks include, but are not limited to, the following: company’s
goals and strategies; future business development; financial status
and operating results; expected growth of China’s credit industry,
especially the expected growth of China’s online lending platform;
market-oriented and credit products and The demand and acceptance
of services; and the ability of credit to attract and retain
borrowers and lenders in the market; the relationship between the
company and strategic partners; industry competition; and policies
and regulations related to the company’s structure, business and
industry. More detailed information about these and other risks and
uncertainties is included in the company’s filings with the
Securities and Exchange Commission. All information provided in the
company’s introduction is the latest information as of the date of
publication of the company. Except as provided by applicable law,
the company is not obligated to update such information.
For further information, please
contact:
Tan WanhongChief Financial Officer+852 2961
4888Tan.wanhong@moxiangroup.com
Moxian (NASDAQ:MOXC)
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