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The9 Limited Regains Compliance with Nasdaq Listing Requirement

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SHANGHAI, Aug. 6, 2020 /PRNewswire/ -- The9 Limited ("The9") (Nasdaq: NCTY), an established Internet company, today announced that it received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq") on August 5, 2020 stating that The9 has regained compliance with the minimum market value of listed securities requirement under Nasdaq Listing Rule 5550(b)(2) and the matter is now closed.

About The9 Limited

The9 Limited (The9) is an Internet company based in China listed on Nasdaq in 2004. The9 aims to become a diversified high-tech Internet company.

 

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About NCTY

The9 Ltd. is a Shanghai-based online game operator which had the exclusive licence to operate and distribute World of Warcraft in China, a licence it secured after successfully aiding Webzen Games with the distribution of Mu Online in China.