Bon Natural Life (US:BON) Globenewswireยท2025-05-02 20:10Core Points - Bon Natural Life Limited has received notification from Nasdaq regarding non-compliance with the Minimum Bid Price Requirement due to its Class A ordinary shares closing bid price being below $1.00 for 30 consecutive business days [1] - The company's securities have also closed at $0.10 or less for the last ten consecutive trading days, leading to additional grounds for potential delisting [1] - An additional Notification Letter indicated that Nasdaq has determined to delist the company's securities based on public interest concerns related to its March 2025 best efforts offering [2] - The company has filed an appeal and requested a hearing before a Nasdaq Listing Qualifications Panel, which will stay the delisting pending the Panel's decision [3] - The company is evaluating options to regain compliance with Nasdaq Listing Rules, but there are no guarantees of success in this process [3] Company Overview - Bon Natural Life Limited is a Cayman Islands company engaged in the natural, health, and personal care industries [4]