Abits Group Inc

Earnings data Q1 2024

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Abits Group, Inc. engages in the provision of Internet media marketing services in China and bitcoin mining and related services in the United States. It is the operator of the Games Channel of the Xinhua App, an application developed and operated by Xinhua New China News Agency. The company was founded in 2013 and is headquartered in Beijing, China.

Hong Kong, April 15, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services business based in the United States, announced today that on April 12, 2024, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “ABTS”.

Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements

Hong Kong, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS), a company engaged in the crypto mining business, has released its operations update for the quarter ended December 31, 2023.

Abits Group Inc Announces Operational Updates For The Quarter Ended December 31, 2023

Hong Kong, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services in the United States, announced today on January 10, 2024, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.

Abits Group Regains Compliance with NASDAQ Minimum Bid Price Requirement

News for Abits Group Inc Stock (ABTS)