TMSR Holding Company (NASDAQ: TMSR) recently announced that the Nasdaq Hearings Panel granted the company’s request for the continued listing of its common shares on The Nasdaq Capital Market. A further extension of continued listing is conditional to the company holding a combined annual meeting for 2016 and 2017 and fulfilling evidence compliance with the minimum 300 round lot shareholder requirement through June 30, 2018. TMSR is making strides toward timely evidence compliance to meet the terms of the Panel’s decision. In addition, the Panel determined to delist the company’s warrants from Nasdaq due to the company’s continued non-compliance with the minimum 400 round lot shareholder requirement applicable to the warrants.
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About TMSR Holding Company Limited
Founded in 2009, TMSR Holding Company Limited engages in the research, development, production and sale of an array of solid waste recycling systems for the mining and industrial sectors in the PRC. it provides end users in these markets with a clean alternative to traditional waste disposal by significantly reducing solid waste discharge into the environment and enabling such users to extract value from valuable metals and other industrial waste materials. For more information about TMSR, please visit www.shengronghb.com.
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