 BEIJING, April 30, 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, today announced that the Company received a notice from Nasdaq informing the Company that as a result of the Company being placed by the U.S. Department of Defense the DoD on a list the Section 1237 List of entities operating directly or indirectly in the United States and deemed to be Communist Chinese military companies CCMCs, which are subject to certain restrictions under Executive Order 13959 the EO, that trading of the Companys ordinary shares will be suspended at the opening of business on May 9, 2021, and that trading in the Companys securities will be halted at the end of the trading day 8:00 pm ET on May 7, 2021. On January 14, 2021, the DoD added Luokong Technology Corporation to the Section 1237 List. 