0001354457-23-000995.txt : 20231227
0001354457-23-000995.hdr.sgml : 20231227
20231227090126
ACCESSION NUMBER: 0001354457-23-000995
CONFORMED SUBMISSION TYPE: 25-NSE
CONFIRMING COPY:
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20231227
DATE AS OF CHANGE: 20231227
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Borqs Technologies, Inc.
CENTRAL INDEX KEY: 0001650575
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 000000000
STATE OF INCORPORATION: D8
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37593
BUSINESS ADDRESS:
STREET 1: OFFICE B, 21/F, LEGEND TOWER
STREET 2: 7 SHING YIP STREET, KWUN TONG
CITY: KOWLOON
STATE: K3
ZIP: 999077
BUSINESS PHONE: 86 10-5975-6336
MAIL ADDRESS:
STREET 1: OFFICE B, 21/F, LEGEND TOWER
STREET 2: 7 SHING YIP STREET, KWUN TONG
CITY: KOWLOON
STATE: K3
ZIP: 999077
FORMER COMPANY:
FORMER CONFORMED NAME: Pacific Special Acquisition Corp.
DATE OF NAME CHANGE: 20150810
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Nasdaq Stock Market LLC
CENTRAL INDEX KEY: 0001354457
ORGANIZATION NAME:
IRS NUMBER: 521165937
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: One Liberty Plaza
CITY: New York
STATE: NY
ZIP: 10006
BUSINESS PHONE: 301-978-4144
MAIL ADDRESS:
STREET 1: Office of General Counsel
STREET 2: 805 King Farm Blvd.
CITY: ROCKVILLE
STATE: MD
ZIP: 20850
FORMER COMPANY:
FORMER CONFORMED NAME: The Nasdaq Stock Market LLC
DATE OF NAME CHANGE: 20060224
25-NSE
1
primary_doc.xml
X0203
0001354457
Nasdaq Stock Market LLC
0001650575
Borqs Technologies, Inc.
001-37593
Office B, 21/F, Legend Tower
7 Shing Yip Street
Kwun Tong Kowloon
K3
HONG KONG
0 HK
0
Ordinary shares
17 CFR 240.12d2-2(b)
Aravind Menon
Hearings Advisor
2023-12-27
EX-99.25
2
brqsdelistreason.txt
Delisting Determination, The Nasdaq Stock Market, LLC, December 27, 2023,
Borqs Technologies, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Borqs Technologies, Inc, effective at the
opening of the trading session on January 8, 2024.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rule 5550(a)(2). The Company was
notified of the Staff determination on April 27, 2023. On May 4, 2023,
the Company exercised its right to appeal the Staff determination to
the Listing Qualifications Hearings Panel (Panel) pursuant to Rule 5815.
On June 2, 2023, upon review of the information provided by the Company,
the Panel determined to grant the Company request to remain listed in the
Exchange subject to a series of milestones. Based on the Company failure
to meet the terms of the exception, on October 25, 2023, the Panel issued
a final decision denying the Company continued listing and notified the
Company that trading in the Company securities would be suspended on
October 27, 2023. The Company did not appeal the Panel decision to the
Nasdaq Listing and Hearing Review Council (Council) and the Council did
not call the matter for review. The Staff determination to delist the
Company became final on December 11, 2023.