Dragon Victory International Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Provided By Globe Newswire

Last update: Sep 26, 2022

HONGKONG, China, Sept. 26, 2022 (GLOBE NEWSWIRE) -- Dragon Victory International Limited (Nasdaq: LYL) (the “Company”), a company offering supply chain management platform services and cryptocurrency derivative product services, announced today that on September 21, 2022, it received written notice (the “Notification Letter”) from The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market.