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SPI Energy Co., Ltd. Provides Update on Nasdaq Matters

HONG KONG, Oct. 05, 2018 (GLOBE NEWSWIRE) -- SPI Energy Co., Ltd. ("SPI Energy" or the "Company") (NASDAQ: SPI), a global provider of renewable energy solutions and crypto-miner hosting services for residential and commercial utility customers, today announced that Nasdaq Hearings Panel (the “Panel”) granted the Company’s request to extend the stay of the suspension in trading of the Company’s securities pending a hearing on November 15, 2018, and issuance of a final Panel decision.  As previously disclosed, on September 18, 2018, the Company appealed to the Panel the Nasdaq Staff’s September 11, 2018 delisting determination. The Panel has scheduled a hearing for November 15, 2018. 

About SPI Energy Co., Ltd.

SPI Energy Co., Ltd. is a global provider of renewable energy solutions and crypto-miner hosting services for residential and commercial utility customers. SPI Energy focuses on the EPC/BT, and storage markets including the development, financing, installation, operation and sale of utility-scale and residential PV projects in Japan, Europe and North America. The company operates a B2B E-Commerce platform offering a range of PV, storage products in Australia as well as a turnkey solution (umining.io) offering global crypto-mining training, sale, hosting and repair service. The Company has its operating headquarters in Hong Kong and maintains global operations in Asia, Europe, North America and Australia.

For additional information, please visit: http://investors.spisolar.com

For investors and media inquiries please contact:

SPI Energy Co., Ltd.

IR Department

Email: ir@spigroups.com

Source: SPI Energy Co., Ltd.

SPI Energy Co., Ltd.