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Pareteum can stay on Nasdaq for the moment

Friday 29 May 2020 | 16:53 CET | News
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Pareteum, a provider of communications-platform-as-a-service products, said the Nasdaq has granted the company permission to keep trading, pending a formal decision about the company not providing its financial reports on time. Pareteum received a warning letter on 12 May that it was not fulfilling its listing requirements. An appeal was sent on 19 May, so that the company could continue to list beyond 3 June. The company can now stay on the stock exchange until hearing yields a final decision on the matter.

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Categories: Mobile & Wireless
Companies: Pareteum
Countries: World
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