Nature's Miracle Holding Inc. Announces Receipt of Delisting Notification from Nasdaq
NasdaqNasdaq(US:NDAQ) Prnewswire·2025-01-14 22:50

Delisting and Appeal - Nature's Miracle Holding Inc received a notice from Nasdaq indicating the delisting of its common stock and warrants due to non-compliance with the minimum shareholder's equity requirement under Nasdaq Listing Rule 5550(b)(1) [1] - Trading of the Company's common stock and warrants will be suspended on Nasdaq effective at the open of business on January 15, 2025 [1] - The Company has 15 days to request a review of the decision by the Nasdaq Listing and Hearing Review Council, or the Council may independently review the decision within 45 calendar days [2] - The Company is considering appealing the decision [2] Post-Suspension Trading - Upon suspension on Nasdaq, the Company expects its common stock and warrants to be quoted under the symbols "NMHI" and "NMHW" respectively on the OTC Pink market [3] Company Overview - Nature's Miracle Holding Inc is an agriculture technology company providing products and services to growers in the Controlled Environment Agriculture (CEA) industry globally [4] - The Company has recently expanded into EV and bitcoin businesses, both of which are energy-dependent like CEA [4] Forward-Looking Statements - The press release contains forward-looking statements regarding the Company's future expectations, strategies, and plans, including product development, business growth, and market acceptance [5] - These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially [5][6]