Bit Brother Limited, a Nasdaq-listed mining company, disclosed that it had received a delisting notice. According to the notice, Nasdaq made this decision mainly because the company’s delisting on October 25, 2023 and December 5, 2023 market concerns arising from certain warrants with cashless exercise provisions in the twice-registered issuance, and related public interest concerns arising from such transactions. It is reported that this delisting notice will not have an immediate impact on the listing and trading of Bit Brother Limited. Currently, Nasdaq has allowed the company to participate in a hearing on February 27 to explain. Before the hearing process is completed, Nasdaq Gram will continue to shelve any trading suspension or delisting actions. (Globenewswire)