Brief: Luckin Coffee Receives Delisting Notice From Nasdaq

Luckin Coffee

19/05/2020 14:01

May 19 (Reuters) - Luckin Coffee Inc  LK.O :
    * LUCKIN COFFEE RECEIVES DELISTING NOTICE FROM NASDAQ AND
PLANS TO
REQUEST HEARING
    * LUCKIN COFFEE - WILL REMAIN LISTED ON NASDAQ, PENDING THE
OUTCOME OF THE HEARING.
    * LUCKIN COFFEE INC - PLANS TO TIMELY REQUEST HEARING BEFORE
NASDAQ HEARINGS PANEL
    * LUCKIN COFFEE - HEARING WILL TYPICALLY BE SCHEDULED TO
OCCUR
ABOUT 30 TO 45 DAYS AFTER THE DATE OF THE HEARING REQUEST
    * LUCKIN COFFEE INC - LISTING QUALIFICATIONS STAFF CITED TWO
BASES
FOR DELISTING DETERMINATION
    * LUCKIN COFFEE - BASES CITED FOR DELISTING INCLUDE PUBLIC
INTEREST CONCERNS AS RAISED BY FABRICATED TRANSACTIONS DISCLOSED
BY CO ON APRIL 2
    * LUCKIN COFFEE - BASES CITED FOR DELISTING INCLUDE
COMPANY’S PAST
FAILURE TO PUBLICLY DISCLOSE MATERIAL INFORMATION

Further company coverage:  LK.O 

 ((Reuters.Briefs@thomsonreuters.com;))