They will avoid delisting with agreed upon imposed reporting requirements. No way NASDAQ would have allowed them to resume trading. Could be a buyout also looming behind the scenes. There is something already being worked on that allowed them to resume trading. It’s still a precarious position to be in, but if you are already holding I wouldn’t sell your shares just yet.
$LK I got $2k here..., basically I lost my 20% on one company. I consider it a loss lot of money for me.
My first year on the stock market. I learned something....
Never trust a Chinese company.