Leishen Energy Holding Co., Ltd. Announces Receipt of Nasdaq Notice Regarding Annual Meeting Requirement

Core Viewpoint - Leishen Energy Holding Co., Ltd. has received a notification from Nasdaq regarding non-compliance with the annual meeting requirement, but this does not immediately affect its listing or trading status [1][2]. Group 1: Compliance Notification - On January 16, 2026, Leishen Energy was notified by Nasdaq that it did not hold its annual meeting of shareholders within the required timeframe following the end of its fiscal year [1]. - The notification indicates that the company is no longer in compliance with Nasdaq Listing Rule 5620(a) [2]. Group 2: Compliance Plan - Leishen Energy has been given a 45-day period, until March 2, 2026, to submit a plan to regain compliance with the annual meeting requirement [3]. - If the compliance plan is accepted by Nasdaq, the company may receive an extension of up to 180 days, allowing until June 29, 2026, to meet the requirement [3]. Group 3: Future Actions - The company intends to submit a compliance plan that includes plans to hold the annual meeting within the permitted timeframe, pending Nasdaq's acceptance [4]. - The notification from Nasdaq does not impact the ongoing business operations of Leishen Energy [4].

Leishen Energy Holding Co., Ltd. Announces Receipt of Nasdaq Notice Regarding Annual Meeting Requirement - Reportify