UBI BlockChain Internet Ltd. (UBIA)

[Renee]

UBIA SEC Suspension:

https://www.sec.gov/litigation/suspensions/2018/34-82452.pdf

Order:

https://www.sec.gov/litigation/suspensions/2018/34-82452-o.pdf

The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the “Exchange Act”), of trading in the securities of UBI Blockchain Internet, Ltd. (“UBIA”), of Hong Kong, People’s Republic of China at 9:30 a.m. EST on January 8, 2018, and terminating at 11:59 p.m. EST, on January 22,2018.


The Commission temporarily suspended trading in the securities of UBIA because of (i) questions regarding the accuracy of assertions, since at least September 2017, by UBIA in filings with the Commission regarding the company’s business operations; and (ii) concerns about recent, unusual and unexplained market activity in the company’s Class A common stock since at least November 2017.