Meiwu Technology(US:WNW) Newsfilterยท2024-06-05 13:00Core Viewpoint - Meiwu Technology Co., Limited has received a deficiency letter from Nasdaq due to the late filing of its annual report for 2023, which may affect its compliance status but does not immediately impact its listing on the Nasdaq Capital Market [1][2]. Company Overview - Meiwu Technology Company Limited is incorporated in the British Virgin Islands and operates in China through its subsidiaries and a variable interest entity, Meiwu Zhishi Technology (Shenzhen) Co., Ltd [3]. - The company focuses on online and mobile commerce, providing organic and green food products, and offers enterprise short message service (SMS) and IT solutions for medical insurance institutions in China [1][3]. - The company does not sell genetically modified food and aims to provide safe, high-quality, and nutritious food products through trusted suppliers [3]. Compliance and Regulatory Information - The company has 60 calendar days from the date of the deficiency letter to submit a Compliance Plan to regain compliance with Nasdaq Listing Rules [2]. - If accepted, Nasdaq may grant an extension until September 10, 2024, for the company to regain compliance [2]. - The deficiency letter is a requirement for prompt disclosure under Nasdaq Listing Rule 5810(b) [2].