Delisting Determination, The Nasdaq Stock Market, LLC,
July 1, 2020,  Luckin Coffee Inc. The Nasdaq Stock Market LLC
(the Exchange) has determined to remove from listing the
American Depositary Shares of Luckin Coffee Inc. (the Company),
effective at the opening of the trading session on July 13, 2020.
Based on review of information provided by the Company,
Nasdaq Staff determined that the Company no longer
qualified for listing on the Exchange pursuant to
Listing Rule 5101 and 5250.
The Company was notified of the Staff determination on
May 15, 2020.  The Company appealed the determination
to a Hearing Panel on May 22, 2020.
On June 17, 2020, the Company was notified that Staff
had determined that the Company had failed to comply with
the Exchange requireement to timely file all periodic financial
reports and that this served as an additional basis for delisting the
Company securities.
On June 24, 2020, the Company infomed of its decision to withdraw its
appeal before a decision was rendered by the Panel. The
Listing Council did not call the matter for review. The
Staff determination to delist the Company became final on
June 29, 2020.