Sino Clean Energy Intends To Appeal NASDAQ Delisting

Sino Clean Energy Inc. (NASDAQ: SCEI) announced the intention to appeal the decision by NASDAQ to delist the company’s securities pursuant to its discretionary autority under Listing Rule 5101.

As quoted in the press release: 

The Staff in its letter also alleges violations by the Company of Listing Rule 5250(b)(1) and IM-5250-1, which sets forth a listed company’s obligation to make public disclosures, and Listing Rule 5250(a), which sets forth a listed company’s obligation to provide information to NASDAQ.

Click here to read the full press release.