 Borqs Technologies, Inc. Nasdaq: BRQS, the Company, a global leader in embedded software and products for the Internet of Things IoT industry, announces that on November 13, 2019, the Company received a notice from the Staff of the Listing Qualifications Department the Staff of The Nasdaq Stock Market LLC Nasdaq indicating that the Company is not in compliance with Nasdaq Listing Rule 5250c1 because it did not file its Annual Report on Form 20-F for the fiscal year ended December 31, 2018 by November 11, 2019, the extended deadline previously approved by the Staff for filing such report. 