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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.
News For CSUN From The Last 14 Days
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July 23, 2015
06:35 EDTCSUNChina Sunergy regains compliance with Nasdaq listing requirements
China Sunergy announced that it had received written notification from the Listing Qualifications Department of the NASDAQ Stock Market, on July 20 informing the company that it has regained compliance with the continued listing requirements under NASDAQ Listing Rule 5250(c). On May 20, the company received a letter from NASDAQ, indicating that, the company failed to file on Form 20-F for the period ended December 31, 2014 in a timely manner. The Letter requires, among others, 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. On July 10, company filed its Form 20-F for the period ended December 31, 2014. On July 20, the company received written notification from Nasdaq that by filing its Form 20-F, the NASDAQ staff determined the company has complied with the Listing Rule, and accordingly, this matter is now closed.

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