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China Liberal Education Holdings Limited Announces Suspension of Nasdaq Trading
Prnewswire· 2025-06-01 12:00
Core Points - China Liberal Education Holdings Limited has announced that its securities will be suspended from trading on Nasdaq effective June 3, 2025, due to the failure to submit a request for an extended stay or address the delinquency in filing its annual report on Form 20-F for the fiscal year ended December 31, 2024 [1][3] - The company is awaiting a decision from the Nasdaq Hearings Panel regarding its appeal against an earlier determination to delist its securities, which was based on public interest concerns related to a substantial issuance of ordinary shares in December 2024 [2][3] - The company has not requested a stay of suspension or addressed the additional basis for delisting stemming from the untimely filing of its annual report [3] Company Overview - China Liberal is an educational services provider headquartered in Beijing, China, offering technological consulting services for smart campus solutions and other educational services [5] - The company provides a range of services aimed at improving campus information and data management systems for Chinese universities, enhancing the teaching, operating, and management environment [5]
China Liberal Education Holdings Limited Receives Additional Nasdaq Staff Determination Letter of Delinquency
Prnewswire· 2025-05-22 20:05
Core Viewpoint - China Liberal Education Holdings Limited has received a notice from Nasdaq regarding its delinquency in filing the Annual Report on Form 20-F for the fiscal year ended December 31, 2024, which may lead to delisting from Nasdaq [1] Group 1: Company Status and Actions - The Company has scheduled a hearing before Nasdaq's Hearings Panel on June 10, 2025, and has until May 28, 2025, to request a stay of the suspension [2] - The Company is actively working to finalize and file its delayed Form 20-F, which has been substantially drafted prior to the original deadline [3] - The operations of the Company remain unaffected by the receipt of the Staff Determination Notices [3] Group 2: Compliance and Background - The announcement is made in compliance with Nasdaq Listing Rule 5810(b), which mandates prompt disclosure of deficiency notifications [4] - China Liberal provides technological consulting services for smart campus solutions and other educational services, aimed at enhancing the management and operational environment of universities [5]