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Stock Market & Financial Investment News

News Breaks
April 30, 2014
07:39 EDTCSUNChina Sunergy receives deficiency letter from Nasdaq
China Sunergy announced that the company received a Nasdaq Staff Deficiency Letter dated April 24, indicating that the Company is not in compliance with the majority board independence composition requirement that each listed company maintain a board comprised of a majority of independent directors. The company intends to comply as requested and expects to regain compliance within the cure period.
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May 27, 2015
06:07 EDTCSUNChina Sunergy receives notice of non-compliance from NASDAQ
China Sunergy announced that it had received a letter from the Listing Qualifications Department of the NASDAQ Stock Market, on May 20, informing the company that it does not comply with a NASDAQ listing standard set forth in NASDAQ Listing Rule 5250(c)(1), as the company has not filed its Form 20-F for the period ended December 31, 2014 in a timely manner. The Letter requires the company to submit a plan to regain compliance with respect to the above delinquent report within 60 calendar days of the receipt of the Letter. The NASDAQ Listing Rules provide that the NASDAQ can grant the company an exception of up to 180 calendar days from the Filing's due date, or until November 11, to regain compliance if NASDAQ accepts the company's plan of compliance.

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