Sound Group Inc. Regains Compliance with NASDAQ Requirement
November 04 2024 - 5:00AM
Sound Group Inc. (NASDAQ: SOGP) (“Sound Group” or the “Company”), a
global audio-centric social and entertainment company, announced
today that it has received notification from The Nasdaq Stock
Market LLC (“Nasdaq”) on November 1, 2024, confirming the Company
has regained compliance with the periodic filing requirement for
Nasdaq under Listing Rule 5250(c)(1). Nasdaq noted this matter is
now closed.
About Sound Group Inc.Sound
Group Inc. is a global audio-centric social and entertainment
company driven by a clear mission and vision: building the world’s
largest audio platform to better connect and communicate. The
Company is dedicated to shaping a future where audio not only
bridges gaps but also amplifies human connection through the power
of sound. Sound Group Inc. has been listed on Nasdaq since January
2020.
For more information, please visit:
https://ir.soundgroupinc.com/
Safe Harbor StatementThis press
release contains forward-looking statements. These statements are
made under the “safe harbor” provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Statements that are not
historical facts, including statements about the Company’s beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties, and a number
of factors could cause actual results to differ materially from
those contained in any forward-looking statement, including but not
limited to the following: the Company’s goals and strategies; the
Company’s future business development, results of operations and
financial condition; the expected growth of the online audio
market; the expectation regarding the rate at which to gain active
users, especially paying users; the Company’s ability to monetize
the user base; fluctuations in general economic and business
conditions in China and overseas markets; any adverse changes in
laws, regulations, rules, policies or guidelines applicable to the
Company; and assumptions underlying or related to any of the
foregoing. In some cases, forward-looking statements can be
identified by words or phrases such as “may,” “will,” “expect,”
“anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,”
“believe,” “potential,” “continue,” “is/are likely to” or other
similar expressions. Further information regarding these and other
risks, uncertainties or factors is included in the Company’s
filings with the Securities Exchange Commission. All information
provided in this press release is as of the date of this press
release, and the Company does not undertake any duty to update such
information, except as required under applicable law.
For investor and media inquiries, please
contact:
Sound Group Inc.IR DepartmentE-mail:
ir@soundgroupinc.com
Piacente Financial CommunicationsJenny
CaiE-mail: soundgroup@tpg-ir.com
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