A company called Sound Group got in trouble with a big place where they sell stocks, called NASDAQ. They were late to give some important papers about how they are doing to NASDAQ. Now they have to fix this problem and maybe get another letter from NASDAQ. Read from source...
1. The title is misleading and exaggerated, implying that the late filing of Form 20-F is a major issue for Sound Group Inc., when in fact it is a routine matter that occurs with many companies. A more accurate title would be "Sound Group Inc. Receives NASDAQ Notice Relating to Late Filing of Form 20-F".