China Liberal Education Holdings Ltd. Faces Trading Suspension on Nasdaq Following Staff Determination Notice

Reuters
2025.05.12 20:05
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China Liberal Education Holdings Ltd. (Nasdaq: CLEU) is set to face a trading suspension on the Nasdaq Capital Market starting May 16, 2025, following a staff determination notice. This action is due to public interest concerns regarding the substantial issuance of ordinary shares and deeply discounted equity securities, which have significantly diluted existing shareholders. The company intends to appeal the decision to Nasdaq's Hearings Panel.

China Liberal Education Holdings Ltd. (Nasdaq: CLEU) received a staff determination notice from The Nasdaq Stock Market LLC, notifying the company's securities will be suspended from trading on The Nasdaq Capital Market starting May 16, 2025. The suspension follows public interest concerns over substantial issuance of ordinary shares and deeply discounted equity securities, which were highly dilutive to existing shareholders. The company plans to appeal the decision to Nasdaq's Hearings Panel.

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