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
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Not ready to commit yet?
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
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.
