05:01 PM EST, 02/14/2025 (MT Newswires) -- Luokung Technology ( LKCO ) said Friday it received a letter from Nasdaq after the exchange determined the company didn't provide a plan showing its ability to achieve near-term compliance with rules including minimum stockholder equity.

Nasdaq decided to deny Luokung's ( LKCO ) request for continued listing, and the company has until Feb. 18 to request an appeal of the decision.

The company said it plans to request a hearing to appeal the delisting decision before that date.

Luokung ( LKCO ) also said it's "considering all potential options available" to regain compliance with the listing rules.