Wing Yip Food receives noncompliance notification from Nasdaq

Core Viewpoint - Wing Yip Food (WYHG) has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement for continued listing on the exchange [1] Group 1: Compliance Issues - The company is not in compliance with Nasdaq Listing Rule 5550, which mandates a minimum bid price of $1.00 per share for listed securities [1] - According to Nasdaq Listing Rule 5810, a deficiency exists if the minimum bid price requirement is not met for 30 consecutive business days [1] - The company's American depositary shares have not met the minimum bid price requirement based on the closing bid price from November 7 to December 19 [1]