PV manufacturer China Sunergy (CSUN) has been threatened by the NASDAQ that its shares could be de-listed due to non-compliance with the US$1.0 minimum trading price rule.
As per the NASDAQ rules, CSUN has 180 calendar days to regain compliance from the date of the warning, which was issued on 23 February 2016.
This article requires Premium SubscriptionBasic (FREE) Subscription
Already a subscriber? Sign In
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
CSUN has received two de-listing warnings in the past. Previously, CSUN was threatened with de-listing by failing to file quarterly and annual reports in the prescribed timelines and had also been in non-compliance with the US$15 million required minimum market value of publicly held shares.
