2024-10-19 20:32:45
Author: Cloopen Group Holding Limited / 2023-07-24 02:05 / Source: Cloopen Group Holding Limited

NYSE Schedules Hearing to Review Cloopen's Appeal against Delisting Determination

BEIJING,June 30,2023 --Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that the New York Stock Exchange ("NYSE") has scheduled a hearing for October 12,2023 to review the Company's appeal against the NYSE Regulation staff's determination to delist the Company's American depositary shares.

The Company will keep the market informed of any significant developments related to this matter.

AboutCloopenGroupHoldingLimited

Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions,covering communications platform as a service (CPaaS),cloud-based contact centers (cloud-based CC),and cloud-based unified communications and collaborations (cloud-based UC&C).Cloopen'smissionistoenhancethedailycommunicationexperienceandoperationalproductivityforenterprises. Cloopen aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.

Formoreinformation,please visit https://ir.yuntongxun.com.

Forward-LookingStatements

This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934,as amended,and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Cloopen may also make written or oral forward-looking statements in its reports filed with or furnished to the SEC,in its annual report to shareholders,in press releases and other written materials and in oral statements made by its officers,directors or employees to third parties. Any statements that are not historical facts,including statements about Cloopen's beliefs and expectations as well as its financial outlook,are forward-looking statements. These forward-looking statements are based on Cloopen's current expectationsandinvolve factors,risksanduncertaintiesthatcouldcause actualresultstodiffermateriallyfromthoseinthe forward-looking statements. Further information regarding these and other risks,uncertaintiesor factors is included in Cloopen's filings with the SEC.All information provided in this press release is current as of the date of the press release,and Cloopen does not undertake any obligation to update such information,except as required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement,and youare cautioned not to place undue reliance on these forward-looking statements.

Forinvestor andmediainquiries,pleasecontact:

Cloopen Group Holding Limited


Investor Relations


Email:ir@yuntongxun.com

Tags: Banking/Financial Service Computer/Electronics OTC/SmallCap IRW Telecommunications

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