Market Overview

LiNiu Technology Group Receives Nasdaq Notification of Non-Compliance with Listing Rules and Submits Letter of Voluntary Delisting to Nasdaq


LiNiu Technology Group ("LINU" or the "Company") (NASDAQ:LINU), which
launched its electronic trading platform focused on the Chinese
agricultural industry in April 2017 through Guangzhou LiNiu Network
Technology Co., Ltd. ("Guangzhou LiNiu"), today announced that on May 2,
2018, it received a written notice (the "Notice") from the Listing
Qualifications department of The Nasdaq Stock Market ("Nasdaq")
indicating that LINU is not in compliance with the requirement to file
its Form 20-F (the "Filing") with the Securities and Exchange Commission
for the period ending December 31, 2017, as set forth in Nasdaq Listing
Rule 5250(c)(1).

In addition, LINU today announced that it has provided formal notice to
the Nasdaq Stock Market of its intention to voluntarily delist its
Ordinary Shares from the Nasdaq Stock Market. The ticker symbol for the
Ordinary Shares is LINU.

The Company believes that the benefits of the Company's status as a
listed company are outweighed by the costs of such listing. The Company
intends to file a Form 25 with the Securities and Exchange Commission on
or about May 14, 2018 with the delisting becoming effective 10 days
after such filing. Accordingly, the Company anticipates that the last
day of trading on NASDAQ of its Ordinary Shares will be on May 14, 2018.
The Company believes that its Ordinary Shares will be eligible for
quotation on the over the counter market following its delisting from
the Nasdaq Stock Market.

About LiNiu Technology Group

LiNiu Technology Group (NASDAQ:LINU) recently launched the LiNiu
Network, a Business to Customer ("B2C"), Customer to Customer ("C2C")
and Online to Offline ("O2O") electronic trading platform focused on the
Chinese agricultural industry. The Company also currently participates
in the promotion of VIP gaming at the Altira Macau. For more information
on the LiNiu Network, please visit

Forward-Looking Statements

This press release includes forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995 that involve risks and uncertainties. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements, based upon the current beliefs and
expectations of the Company's management, are subject to risks and
uncertainties, which could cause actual results to differ from the
forward-looking statements. Factors that could cause actual results to
differ materially from management's current expectations include but not
limited to those risks and uncertainties relating to future business
development; ability to maintain the reputation and brand; privacy and
regulatory concerns; competition; security breaches; the continued
growth of the e-commerce market in China; and fluctuations in general
economic and business conditions in China and assumptions underlying or
related to any of the foregoing. The Company expressly disclaims any
obligation or undertaking to release publicly any updates or revisions
to any forward-looking statements contained herein to reflect any change
in our expectations or any changes in events, conditions or
circumstances on which any such statement is based, except as required
by law. Investors and potential investors should consult all of the
information set forth herein and should also refer to the risk factors
set forth in the Company's Annual Report on Form 20-F filed in April
2017, and other reports filed or to be filed from time-to-time with
the Securities and Exchange Commission.

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