LINYI, China, Jan. 5, 2018 /PRNewswire/ -- American
Lorain Corporation (the
"Company") (NYSE MKT: ALN) announced today that the Company has
received notice from the NYSE American that the Company no longer
satisfies Section 704 of the NYSE American Company Guide due to the
Company's failure to hold an annual meeting for the fiscal year
ended December 31, 2016 on or before
December 31, 2017.
As disclosed via a Current Report on Form 8-K dated December 28, 2017, the Company circulated a proxy
statement and attempted to hold an annual meeting for 2016 on
December 27, 2017; however, it failed
to obtain the requisite quorum and therefore determined to postpone
the meeting.
In accordance with the requirements under SEC Rule 14a-3(b), the
Company now plans to hold a combined annual meeting for 2016 and
2017 subsequent to the filing of the Company's audited financial
statements for the fiscal year ended December 31, 2017.
For more information
contact:
Chen
Xing
+86-539-731 7959
dongshiban@163.com
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SOURCE American Lorain
Corporation