Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
In recent weeks, a pair of NASDAQ-listed Chinese stocks received updates on their status with the exchange.
Yulong Eco-Materials Ltd (NASDAQ: YECO) received a notice of listing noncompliance from the NASDAQ after the company failed to file its Form 10-K Annual Report. Yulong, which makes eco-friendly building products, has until December 13 to submit a plan to regain compliance with the NASDAQ listing standards. At that point in time, the NASDAQ will determine whether or not is accepts the proposal and will grant Yulong a compliance extension through April 11, 2017.
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The company believes is will not have an issue with a timely submission by December 13 and expects to regain its compliance and avoid a de-listing.
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Skypeople Fruit Juice Inc (NASDAQ: SPU) has also received a similar notice from the NASDAQ after failing to submit its Annual Report on Form 10-K or its Quarterly Reports on Form 10-Q for the quarterly periods ending on March 31, 2016 and June 30, 2016.
SkyPeople, which makes fruit juice concentrates, has appealed the NASDAQ’s noncompliance ruling, which has delayed a potential delisting until November 3. The NASDAQ has granted the company a hearing set on December 15.
Skypeople and Yulong shares are down 20.1 percent and 16 percent, respectively, in the past month.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.