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BEIJING, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that on October 23, 2024, the Company received two letters from the Nasdaq Stock Market LLC ("Nasdaq"). The first letter notified the Company that, based on the filing of its Form 20-F for the year ended December 31, 2023 (the "2023 20-F") on October 22, 2024, the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) regarding periodic filing requirements. Accordingly, Nasdaq con
BEIJING, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that on October 1, 2024, it received a letter from the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement. The letter noted that as of September 30, 2024, the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for 10 consecutiv
BEIJING, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung," "we," "our" or the "Company"), a British Virgin Islands company, reported that it expects to implement a 8-to-1 share combination on its ordinary shares effective Tuesday, September 17, 2024, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol "LKCO". The new CUSIP number for the ordinary shares following the share combination is G56981 114. Upon the effectiveness of the share combination, every 8 shares of the Company's issued and outstanding ordinary shares will automaticall
6-K - Luokung Technology Corp. (0001487839) (Filer)
20-F - Luokung Technology Corp. (0001487839) (Filer)
6-K - Luokung Technology Corp. (0001487839) (Filer)
SC 13G/A - Luokung Technology Corp. (0001487839) (Subject)
SC 13G - Luokung Technology Corp. (0001487839) (Subject)
BEIJING, Dec. 27, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung," "we," "our" or the "Company"), today announced preliminary revenue results for the six months ended June 30, 2022, which remain subject to semi-annual period end closing adjustments. Luokung achieved record total revenue for the six months ended June 30, 2022 of approximately $62.8 million, compared to $37.8 million in the prior-year period. Advertising Services For the six months ended June 30, 2022, revenue from advertising services was $57.3 million, an increase of $25.7 million, or 81.2%, from $31.6 million for the six months ended June 30, 2021. The increase was mainly due to the integration and im
BEIJING, May 26, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung," "we," "our" or "us"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today made available the following open letter to shareholders from Mr. Xuesong Song, our Chairman and CEO, regarding Luokung's business strategy and outlook for 2022 and beyond: To all of Luokung's shareholders, We are incredibly proud of our progress in 2021, which was highlighted by record revenue of over $145 million, more than seven times that in 2020. This was a milestone year for Luokung, and this is only t
Company to Host Conference Call on Thursday, May 12, 2022, at 8:00 a.m. ET BEIJING, May 11, 2022 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced results for the year ended December 31, 2021. 2021 Year-end Financial Highlights: Revenues of $145.1 million, compared to $18.3 million for 2020, primarily driven by increased contributions from the LBS advertising businessNet loss of $61.5 million, compared to net loss of $40.1 million for 2020, primarily as a result of increa
Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that on May 2, 2024, the Company received an additional 180 calendar day extension ("Second Compliance Grace Period") from Nasdaq's Listing Qualifications Department to meet Nasdaq's continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. The Company now has until October 28, 2024 to regain compliance.Nasdaq's extension notice has no immediate effect on the contin
Shares of The Container Store Group, Inc. (NYSE:TCS) shares fell sharply during Wednesday’s session following weak quarterly results. Container Store Group posted adjusted loss of 8 cents per share, compared to market expectations for a loss of 5 cents per share. The company’s quarterly sales came in at $214.90 million versus estimates of $220.72 million. Container Store Group shares dipped 22.7% to $1.3150 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers MicroCloud Hologram Inc. (NASDAQ:HOLO) shares jumped 400% to $7.51. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Indust
Luokung Technology Corp. (NASDAQ:LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that it has received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), which require that the closing bid price for the Company's ordinary shares listed on Nasdaq be maintained at a minimum of US$1.00 and failure to maintain it for 30 consecutive trading days constitutes a