CleanTech Innovations receives Nasdaq deficiency letter

CleanTech Innovations disclosed in a filing that on June 30, Cleantech Innovations received a deficiency letter from The Listing Qualifications Department of The NASDAQ Stock Market indicating that it was no longer in compliance with NASDAQ’s majority independent board, audit committee composition, independent director oversight of executive compensation and director nomination requirements as such requirements are set forth in NASDAQ Listing Rules 5605(b)(1), 5605(c)(2), 5605A(d) and 5605(e)(1), respectively.

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