Recon Technology receives Nasdaq delisting determination due to $1.00 closing bid requirement non-compliance.

Recon Technology, Ltd. (NASDAQ: RCON) has received a delisting determination from the Nasdaq Stock Market LLC, due to failing to meet the $1.00 closing bid price requirement per Nasdaq Listing Rule 5810(c)(3)(A). The company had been given two 180-day periods to regain compliance, which expired on April 22, 2024. Recon Technology has submitted an appeal to the Nasdaq delisting decision.

April 29, 2024
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