 Kaixin Auto Holdings Kaixin or the Company KXIN, one of the primary dealership networks in the premium used car segment in China, today announced the receipt of a notification letter the Nasdaq Letter dated April 7, 2020 from the Listing Qualifications department of the Nasdaq Stock Market Nasdaq and the subsequent resolution of the matter described in the Nasdaq Letter on April 13, 2020. The Nasdaq Letter indicated that, as a result of the resignation of Mr. Sing Wang from the Companys board and audit committee which the Company announced on April 7, 2020, the Company was not in compliance with Nasdaqs audit committee requirements as set forth in Listing Rule 5605, but the Company was provided with a cure period consistent with Listing Rule 5605c4. 