Luokung Technology Corp

Luokung Technology Corp. operates as a graphics data processing technology company. It engages in the provision of interactive location-based services. The firm's products include a location-based service, under the Luokung brand. It provides personalized and specific services to long distance travelers on the train and at the destination. The company was founded on October 27, 2009 and is headquartered in Beijing, China.

Luokung Technology Corp. is a graphics data processing technology company, which engages in the provision of interactive location-based services and High Definition Maps for various industries. It provides personalized and specific services to long distance travelers on the train and at the destination. The firm's products include a location-based service, under the Luokung brand. The company was founded on October 27, 2009 and is headquartered in Beijing, China.

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The stock price of Luokung Technology Corp (NASDAQ: LKCO) increased by over 7% pre-market. This is why it happened.

LKCO Stock Price: Over 7% Increase Pre-Market Explanation

BEIJING, May 14, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2020, with the U.S. Securities and Exchange Commission ("SEC"). The annual report can be accessed at the SEC's website at www.sec.gov.

Luokung Announces Filing of Annual Report on Form 20-F for the Year Ended December 31, 2020

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A court ruling helped lift the stock and keep it from being delisted.

Why Luokung Technology Stock Popped Today

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BEIJING, May 6, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, announced earlier today that Luokung's previously announced motion for a preliminary injunction was granted by the United States District Court for the District of Columbia (the "Court"), and that as a result of the ruling, the Department of Defense and other government defendants are enjoined from implementing or enforcing the designation of Luokung as a Communist Chinese military company, and the resulting restrictions pursuant to Executive Order 13959. Upon receipt of the Court's decision, Luokung contacted Nasdaq senior management to inform it of the action taken by the Court and requested that Nasdaq reconsider the delisting determination that it previously issued, as well as its decision to suspend trading in Luokung ordinary shares effective 8.p.m.

Luokung Shares to Continue to Trade in the United States on the Nasdaq Stock Market

BEIJING, May 6, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, today announced that Luokung's previously announced motion for a preliminary injunction was granted by the United States District Court for the District of Columbia (the "Court").  In its ruling, the Court explained that it was preliminarily enjoining "the prohibitions against Luokung in full.

Luokung Announces Favorable Ruling Granting Preliminary Injunction

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BEIJING, April 30, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company based in China, today announced that the Company received a notice from Nasdaq informing the Company that as a result of the Company being placed by the U.S. Department of Defense (the "DoD") on a list (the "Section 1237 List") of entities operating directly or indirectly in the United States and deemed to be "Communist Chinese military companies" ("CCMCs"), which are subject to certain restrictions under Executive Order 13959 (the "EO"), that trading of the Company's ordinary shares will be suspended at the opening of business on May 9, 2021, and that trading in the Company's securities will be halted at the end of the trading day (8:00 pm ET) on May 7, 2021. On January 14, 2021, the DoD added "Luokong Technology Corporation" to the Section 1237 List.

Luokung Announces Receipt of Nasdaq Notification Letter and a Request for Emergency Court Relief

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BEIJING, April 14, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company in China, today announced that it received a letter from The Nasdaq Stock Market LLC notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement. The letter noted that as of April 8, 2021, the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 20 consecutive business days, from March 11, 2021 through April 8, 2021.

Luokung Regains Compliance with Nasdaq Minimum Bid Price Requirement

Tensions between the U.S. and China are weighing on the stock.

Why Luokung Stock Fell 16.1% in March

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The stock price of Luokung Technology Corp (NASDAQ: LKCO) fell by 8.47% yesterday. This is why it happened.

LKCO Stock Price Fell 8.47%: Why It Happened

The stock price of Luokung Technology Corp (NASDAQ: LKCO) has increased by 20.13% yesterday. This is why it happened.

LKCO Stock Price Increased 20.13%: Why It Happened

The closing of its eMapgo acquisition lifted the stock.

Why Luokung Technology Stock Climbed Today

The stock price of Luokung Technology Corp (NASDAQ: LKCO) has increased by over 6% pre-market. This is why it happened.

LKCO Stock Price Increases Over 6% Pre-Market: Why It Happened

BEIJING, March 17, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading interactive location-based services and big data processing technology company in China, today announced the closing of the acquisition of eMapgo Technologies (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China.

Luokung Announces Closing on 100% Equity Interests of eMapGo Technologies

The potential for delisting a group of Chinese stocks including Luokung seemed to weaken.

Why Luokung Technology Stock Soared Today

The stock price of Luokung Technology Corp (NASDAQ: LKCO) has been trading at over 40% pre-market. This is why it happened.

LKCO Stock Price Increases Over 40% Pre-Market: Why It Happened

The stock price of Luokung Technology Corp. (NASDAQ: LKCO) increased by over 20% pre-market. This is why it happened.

LKCO Stock Price Increases Over 20% Pre-Market: Why It Happened

BEIJING, March 11, 2021 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung"), a leading interactive location-based services and big data processing technology company based in China, today announced receipt of a letter from the Department of the Treasury Office of Foreign Assets Control ("OFAC").  The letter confirms that any restrictions on U.S. persons to trade Luokung's securities or derivatives will not take effect until May 8, 2021, and that divestments will be permitted through March 9, 2022.

LUOKUNG ANNOUNCES NASDAQ WITHDRAWAL OF DELISTING NOTICE AND CONFIRMATION THAT TRADING IN LUOKUNG ORDINARY SHARES WILL CONTINUE UNTIL MAY 8, 2021

The stock price of Luokung Technology Corp. (Nasdaq: LKCO) fell by 19.74%. This is why it happened.

LKCO Stock Price Fell 19.74%: Why It Happened

The EV technology supplier is selling its shares -- and many traders decided to follow suit.

News for Luokung Technology Corp Stock (LKCO)