Singularity Future Technology Announces Receipt of Nasdaq Notice of Additional Staff Determination
28 Février 2023 - 12:06AM
Singularity Future Technology Ltd. (the “Company”) (Nasdaq: SGLY)
announced today that on February 21, 2023, it received an
additional staff determination notice (the “Notice”) from the
Listing Qualifications Department of The Nasdaq Stock Market LLC
(“Nasdaq”), advising that it had not received the Company’s Form
10-Q for the quarterly period ended December 31, 2022, which served
as an additional basis for delisting the Company’s securities and
that the Nasdaq Hearings Panel (the “Panel”) will consider the
additional deficiency in rendering a determination regarding the
Company’s continued listing on Nasdaq. The Company has submitted to
the Panel a plan to regain compliance with the continued listing
requirements and has been granted a grace period to file all the
delinquent reports, including the filing of the Form 10-Q for the
quarterly period ended December 31, 2022, on or before February 28,
2023.
About Singularity
Future Technology Ltd.
The Company is an integrated logistics solutions
provider with a focus on servicing steel companies and e-commerce
businesses in China and the United States. The Company’s operations
consist of freight services and warehouse services. The freight
services include shipping and other freight-related services and is
operated by the Company's subsidiaries in China. The warehouse
services encompass a wide range of services such as warehouse,
collection, first-mile delivery, drop shipping, customs clearance,
and international shipping and is operated by the Company's
subsidiary out of Houston, Texas.
Forward-Looking Statements
Certain statements made herein that are not
based on historical fact are “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of 1995
and the provisions of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended (which Sections were adopted as part of the Private
Securities Litigation Reform Act of 1995). While the Company’s
management has based any forward-looking statements contained
herein on its current expectations, the information on which such
expectations were based may change. These forward-looking
statements rely on a number of assumptions concerning future events
and are subject to a number of risks, uncertainties, and other
factors, many of which are outside of the Company’s control, that
could cause actual results to materially differ from such
statements. Accordingly, investors should not place any reliance on
forward-looking statements as a prediction of actual results. The
Company disclaims any intention to, and undertake no obligation to,
update or revise any forward-looking statement.
For more information, please contact:
IR@singularity.usPhone number: 718-888-1814
Singularity Future Techn... (NASDAQ:SGLY)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Singularity Future Techn... (NASDAQ:SGLY)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024