DATASEA INC.: Nasdaq/NYSE listing notice — Datasea gets Nasdaq extension to Oct 2, 2023 for minimum value listing rule compliance

DATASEA INC.

Nasdaq granted extension to October 2, 2023 to regain compliance with MVLS Requirement (Listing Rule 5550(b)(2)).
Company appeared before hearing panel on August 3, 2023 seeking additional time.
Company will monitor market value and may consider available options to regain compliance.
Previously disclosed non-compliance on June 13, 2023.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

DATASEA INC. received a nasdaq extension granted notice regarding market value (rules 5550(b)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: market value
Rules: 5550(b)(2)

Exact text from the filing

f Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed on a Current Report on Form 8-K filed on June 13, 2023, the Company received a letter from Nasdaq indicating that the Company had not regained compliance with the Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”). On August 3, 2023, the Company appeared before a Nasdaq hearing panel and requested for additional time to regain compliance with the MVLS Requirement. On August 11, 2023, Nasdaq issued a letter to the Company, granting an extension to regain compliance with the

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Source: SEC EDGAR

accession 0001213900-23-068197

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