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respiratory illness

Acorn International Suspends Quarterly Dividend Policy Indefinitely

Acorn International, Inc., announced that at its regularly scheduled meeting in February, 2020, the Company's board of directors voted to indefinitely suspend its quarterly dividend of US$0.0125 per ordinary share, or US$0.25 per ADS, due to current business impact and uncertainties concerning the potential longer-term impact of the 2019 novel coronavirus (COVID-19) outbreak on the Company's e-commerce business. Discovered in Wuhan, China in December 2019, COVID-19 causes severe respiratory illness in humans. While it has…