SANTA CLARA, Calif., April 16, 2018 (GLOBE NEWSWIRE) -- Borqs Technologies, Inc. (the “Company”) today announced that a letter from the Nasdaq Office of General Counsel dated April 12, 2018 has been received. The letter confirmed that the Company has met the listing requirement for minimum number of round lot shareholders and is also in compliance with other applicable requirements for listing on the Nasdaq Stock Market.
Accordingly, the Nasdaq Hearings Panel has determined to continue the listing of the Company’s securities on the Nasdaq Stock Market.
The Company’s ordinary shares trade on NasdaqCM with the symbol BRQS; and the Company’s warrants trade on OTC with the symbol BRQSW.
About Borqs Technologies, Inc. (Nasdaq:BRQS)
Borqs Technologies is a global leader in software and products for the IoT, providing customizable, differentiated and scalable Android-based smart connected devices and cloud service solutions. Borqs has achieved leadership and customer recognition as an innovative end-to-end IoT solutions provider leveraging its strategic chipset partner relationships as well as its broad software and IP portfolio. The Company designs, develops and provides turnkey solutions across device form factors such as smartphones, tablets, smartwatches, trackers, automotive IVI, and vertical application devices (for restaurants, payments etc.). For more information, please visit the Company’s website (www.borqs.com).
Investor Relations Sr. Manager
Borqs Technologies, Inc.