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AirNet Announces Changes in Management


Press release content from PR Newswire. The AP news staff was not involved in its creation.
AirNet Announces Changes in Management
March 11, 2021 GMT
BEIJING, March 11, 2021 /PRNewswire/ AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced a change in its management.
Mr. Xin Li has tendered his resignation as the chief financial officer of the Company, effective from March 5, 2021. Mr. Li’s resignation was due to personal reasons, and did not result from any disagreement nor dispute with the Company, its management, board of directors (the “Board”) or any committee of the Board, on any matter relating to the Company’s operations, policies or practices. The Board has accepted Mr. Li’s resignation and appointed Mr. Herman Man Guo, chairman and chief executive officer of the Company, as ....

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AirNet Has Regained Compliance with Nasdaq's Minimum Market Value Requirement


AirNet Has Regained Compliance with Nasdaq s Minimum Market Value Requirement
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BEIJING, Feb. 19, 2021 /PRNewswire/ AirNet Technology Inc., formerly known as AirMedia Group Inc. ( AirNet or the Company ) (Nasdaq: ANTE), an in-flight solution provider on connectivity, entertainment, and digital multimedia in China, today announced that it received a notification letter (the Notification Letter on Compliance ) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the Nasdaq ) dated February 18, 2021, indicating that the Company has regained compliance with the minimum market value requirement set forth in Rule 5550(b)(2) of the Nasdaq Listing Rules (the Minimum Market Value Requirement ). ....

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