$航美传媒(AMCN)$ 11月12日快到了。

BEIJING, May 22, 2018 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that it has received a letter dated May 17, 2018 (the "Deficiency Letter") from The Nasdaq Stock Market, Inc. ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) for continued listing because its annual report on Form 20-F for the year ended December 31, 2017 (the "Annual Report") was not filed on a timely basis with the Securities and Exchange Commission.

Under Nasdaq Listing Rule 5810(c)(2)(F)(i), the Company has until July 16, 2018 (that is, 60 calendar days from the date of the Deficiency Letter) to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules (the "Compliance Plan"). The Company intends to submit the Compliance Plan as soon as practicable.

Under Nasdaq Listing Rule 5810(c)(2)(F)(ii), if Nasdaq accepts the Compliance Plan, Nasdaq can grant the Company an exception until November 12, 2018 the latest (that is, up to 180 calendar days from the extended due date of the Annual Report) to regain compliance. The Company's independent registered public accounting firm will require additional time to conduct an audit of the Company's financial statements for the year ended December 31, 2017. The Company intends to file the Annual Report as soon as practicable.