CooTek Updates Status Under Holding Foreign Companies Accountable Act And Will 'continue to monitor market developments and evaluate all strategic options.'
CooTek Updates Status Under Holding Foreign Companies Accountable Act And Will 'continue to monitor market developments and evaluate all strategic options.'
The Company will continue to monitor market developments and evaluate all strategic options.CooTek (Cayman) Inc. (NYSE:CTK) ("CooTek" or the "Company"), a global mobile internet company, today updates its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
全球移动互联网公司触宝科技(开曼)股份有限公司(纽约证券交易所股票代码：CTK)(“触宝科技”或“本公司”)今日根据《外国公司问责法》(以下简称《HFCAA》)更新其地位。
On May 4, 2022, in connection with its implementation of the HFCAA, the U.S. Securities and Exchange Commission (the "SEC") provisionally named the Company as a Commission-Identified Issuer following the Company's filing of its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the "2021 Form 20-F") with the SEC on April 29, 2022.
在公司于2022年4月29日向美国证券交易委员会提交了截至2021年12月31日的财政年度的Form 20-F年度报告(“2021年Form 20-F”)后，针对其实施HFCAA，美国证券交易委员会(以下简称“美国证券交易委员会”)暂时将本公司指定为委员会指定的发行人。
The Company understands the SEC made such identification pursuant to the HFCAA, which states if the SEC determines that a company has filed audit reports issued by a registered public accounting firm that cannot be inspected or investigated completely by the Public Company Accounting Oversight Board (the "PCAOB"), for three consecutive years beginning in 2021, the SEC shall prohibit its shares or American depositary shares from being traded on a national securities exchange or in the over-the-counter trading market in the U.S. The Company has previously disclosed that its auditor, the independent registered public accounting firm that issued the audit report included in its 2021 Form 20-F, is identified by PCAOB as one of the registered public accounting firms that the PCAOB is unable to inspect or investigate completely.
本公司理解美国证券交易委员会是根据《美国上市公司会计准则》做出此类识别的，该《财务会计准则》规定，如果美国证券交易委员会认定一家公司自2021年起连续三年提交了不能被上市公司会计监督委员会彻底检查或调查的注册会计师事务所出具的审计报告，美国证券交易委员会应禁止其股票或美国存托股份在美国全国证券交易所或场外交易市场交易。美国证券交易委员会此前曾披露，其审计师，即出具包括在其2021年20-F表中的审计报告的独立注册会计师事务所，被PCAOB确定为PCAOB无法彻底检查或调查的注册会计师事务所之一。
The Company will continue to monitor market developments and evaluate all strategic options.
公司将继续关注市场发展并评估所有战略选择。
