Core Viewpoint - Wing Yip Food Holdings Group Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for continued listing on the Nasdaq [1][2]. Group 1: Compliance Notification - The Company was notified on December 22, 2025, that it does not meet the minimum bid price requirement of US$1.00 per share as per Nasdaq Listing Rule 5550(a)(2) [1][2]. - The deficiency was identified based on the closing bid price of the Company's American Depositary Shares (ADSs) for 30 consecutive business days from November 7, 2025, to December 19, 2025 [2]. Group 2: Compliance Timeline and Options - The Company has been granted 180 calendar days, until June 22, 2026, to regain compliance with the minimum bid price requirement [3]. - To regain compliance, the Company's ADSs must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days [3]. - The Company may consider options such as a reverse share split to meet the compliance requirement [4]. Group 3: Business Operations - The receipt of the Notification Letter does not impact the Company's business operations [4]. - Wing Yip Food Holdings Group Limited is a meat product processing company in mainland China, selling products under its flagship brand "Wing Yip" and other brands [5]. - The Company operates in over 18 provinces in mainland China, focusing on product development and quality improvement [5].
Wing Yip Food Holdings Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency