|Bid||0.8800 x 1000|
|Ask||0.9500 x 900|
|Day's range||0.9500 - 0.9500|
|52-week range||0.8500 - 3.4500|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||22.09|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Dragon Victory International Limited (LYL) (the “Company”), a company offering reward-based crowdfunding opportunities and quality incubation services to entrepreneurs in China, announced today that on July 16, 2019, it received a Nasdaq staff deficiency letter (the “Nasdaq Letter”) notifying the Company that it was no longer in compliance with the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
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