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On January 16, 2024, Green Giant Inc., a company incorporated in Florida and listed on the NASDAQ Capital Market, received a notice from Nasdaq Listing Qualifications Staff indicating the company's non-compliance with the minimum bid price requirement for continued listing. Specifically, Green Giant's common stock had a closing bid price below the $1.00 threshold, reaching as low as $0.10 for ten consecutive trading days from December 22, 2023, to January 12, 2024. The company is now facing potential delisting unless it successfully appeals before the Nasdaq Hearing Panel by January 23, 2024. Green Giant intends to request a hearing to maintain its listing, which will delay any suspension or delisting actions until the hearing process is completed. However, there is no guarantee that the Panel will grant...Show More
On January 16, 2024, Green Giant Inc., a company incorporated in Florida and listed on the NASDAQ Capital Market, received a notice from Nasdaq Listing Qualifications Staff indicating the company's non-compliance with the minimum bid price requirement for continued listing. Specifically, Green Giant's common stock had a closing bid price below the $1.00 threshold, reaching as low as $0.10 for ten consecutive trading days from December 22, 2023, to January 12, 2024. The company is now facing potential delisting unless it successfully appeals before the Nasdaq Hearing Panel by January 23, 2024. Green Giant intends to request a hearing to maintain its listing, which will delay any suspension or delisting actions until the hearing process is completed. However, there is no guarantee that the Panel will grant the company additional time to comply with the listing requirements or that Green Giant will be able to meet these requirements in the future. The company's liquidity and marketability could be significantly impacted if delisting occurs. The disclosure of this notice is in accordance with Nasdaq Listing Rule 5810(b). The report was signed by Yuhuai Luo, CEO and Chairman of Green Giant Inc., on January 18, 2024.
2024年1月16日，在佛羅里達州註冊並在納斯達克資本市場上市的公司Green Giant Inc. 收到納斯達克上市資格工作人員的通知，表明該公司未遵守繼續上市的最低出價要求。具體而言，綠巨普通股的收盤價低於1.00美元的門檻，從2023年12月22日至2024年1月12日連續十個交易日跌至0.10美元。除非該公司在2024年1月23日之前成功向納斯達克聽證會小組提出上訴，否則該公司現在可能面臨退市風險。Green Giant打算要求舉行聽證會以維持其上市，這將把任何暫停或除名行動推遲到聽證程序完成之後。但是，無法保證專家小組會給予該公司更多時間來遵守上市要求，也無法保證Green Giant將來能夠滿足這些要求。如果退市，公司的流動性和適銷性可能會受到重大影響。本通知的披露符合納斯達克上市規則5810（b）。該報告由綠鉅公司首席執行官兼董事長羅宇懷於2024年1月18日簽署。
2024年1月16日，在佛羅里達州註冊並在納斯達克資本市場上市的公司Green Giant Inc. 收到納斯達克上市資格工作人員的通知，表明該公司未遵守繼續上市的最低出價要求。具體而言，綠巨普通股的收盤價低於1.00美元的門檻，從2023年12月22日至2024年1月12日連續十個交易日跌至0.10美元。除非該公司在2024年1月23日之前成功向納斯達克聽證會小組提出上訴，否則該公司現在可能面臨退市風險。Green Giant打算要求舉行聽證會以維持其上市，這將把任何暫停或除名行動推遲到聽證程序完成之後。但是，無法保證專家小組會給予該公司更多時間來遵守上市要求，也無法保證Green Giant將來能夠滿足這些要求。如果退市，公司的流動性和適銷性可能會受到重大影響。本通知的披露符合納斯達克上市規則5810（b）。該報告由綠鉅公司首席執行官兼董事長羅宇懷於2024年1月18日簽署。
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