| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM 25 | ||
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934. | ||
| Commission File Number 001-35755 | ||
| Issuer: | Bit Brother Ltd |
| Exchange: | Nasdaq Stock Market LLC |
| (Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered) |
| Address: | 15/F, Block A, Kineer Business Centre Changsha, Hunan Province, CHINA 410023 |
| Telephone number: | +86 0731-85133570 |
| (Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices) |
| Common stock |
| (Description of class of securities) |
| Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration: |
| o 17 CFR 240.12d2-2(a)(1) |
| o 17 CFR 240.12d2-2(a)(2) |
| o 17 CFR 240.12d2-2(a)(3) |
| o 17 CFR 240.12d2-2(a)(4) |
| x Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1 |
| o Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange. |
| Pursuant to the requirements for the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person. |
| 2024-04-25 | By | Aravind Menon | Hearings Advisor | |
| Date | Name | Title | ||
| 1 | Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions. |
Delisting Determination, The Nasdaq Stock Market, LLC, April 25, 2024,
Bit Brother Limited.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Bit Brother Limited, effective at the
opening of the trading session on May 6, 2024.
Based on review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rule 5550(a)(2).
The Company was notified of the Staff determination on November 10,
2023. The Company requested a hearing on November 17, 2023.
On January 30, 2024, the Company received an additional delist
determination pursuant to Listing Rule 5101. Also, on January 30,
the Company deficiency under Rule 5550(a)(2) was declared moot.
On March 5, 2024, upon review of the information provided by the
Company, the Panel determined to deny the Company request to remain
listed on the Exchange.
The Company securities were suspended on March 7, 2024.
The Company did not appeal the amended Decision to the Nasdaq Listing
and Hearing Review Council (Council) and the Council did not call
the matter for review. The Staff determination to delist the Company
became final on April 19, 2024.