 BEIJING, May 6, 2021 PRNewswire -- Luokung Technology Corp. NASDAQ: LKCO Luokung or the Company, a leading interactive location-based services and big data processing technology company based in China, announced earlier today that Luokungs previously announced motion for a preliminary injunction was granted by the United States District Court for the District of Columbia the Court, and that as a result of the ruling, the Department of Defense and other government defendants are enjoined from implementing or enforcing the designation of Luokung as a Communist Chinese military company, and the resulting restrictions pursuant to Executive Order 13959. Upon receipt of the Courts decision, Luokung contacted Nasdaq senior management to inform it of the action taken by the Court and requested that Nasdaq reconsider the delisting determination that it previously issued, as well as its decision to suspend trading in Luokung ordinary shares effective 8.p.m. 