Borqs meets the Listing Requirement of the Nasdaq Stock Market
April 16 2018 - 9:00AM
Borqs Technologies, Inc. (the “Company”) today announced that a
letter from the Nasdaq Office of General Counsel dated April 12,
2018 has been received. The letter confirmed that the Company
has met the listing requirement for minimum number of round lot
shareholders and is also in compliance with other applicable
requirements for listing on the Nasdaq Stock Market.
Accordingly, the Nasdaq Hearings Panel has
determined to continue the listing of the Company’s securities on
the Nasdaq Stock Market.
The Company’s ordinary shares trade on NasdaqCM with the symbol
BRQS; and the Company’s warrants trade on OTC with the symbol
BRQSW.
About Borqs Technologies, Inc.
(Nasdaq:BRQS)
Borqs Technologies is a global leader in
software and products for the IoT, providing customizable,
differentiated and scalable Android-based smart connected devices
and cloud service solutions. Borqs has achieved leadership and
customer recognition as an innovative end-to-end IoT solutions
provider leveraging its strategic chipset partner relationships as
well as its broad software and IP portfolio. The Company designs,
develops and provides turnkey solutions across device form factors
such as smartphones, tablets, smartwatches, trackers, automotive
IVI, and vertical application devices (for restaurants, payments
etc.). For more information, please visit the Company’s
website (www.borqs.com).
Investor Contact:Sandra
DouInvestor Relations Sr. ManagerBorqs Technologies,
Inc.sandra.dou@borqs.net
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