Hempacco Announces It Has Regained Compliance With Nasdaq Listing Rule 5550(a)(2)
Hempacco Announces It Has Regained Compliance With Nasdaq Listing Rule 5550(a)(2)
San Diego, California–(Newsfile Corp. – March 28, 2024) – Hempacco Co., Inc. (NASDAQ: HPCO) ("Hempacco" or the "Company"), a vertically integrated hemp manufacturing company, announces its recent achievement of regaining compliance with Nasdaq's minimum bid price requirement. This milestone was confirmed in a letter received from Nasdaq on March 26, 2024, marking a pivotal moment for the Company's financial health and stock market presence.
加利福尼亞州聖地亞哥—（Newsfile Corp. — 2024 年 3 月 28 日）— Hempacco Co., Inc.（納斯達克股票代碼：HPCO） 垂直整合的大麻製造公司（“Hempacco” 或 “公司”）宣佈其最近在恢復遵守納斯達克最低出價要求方面取得的成就。這一里程碑在納斯達克於2024年3月26日收到的一封信中得到證實，這標誌着公司財務狀況和股票市場佔有率的關鍵時刻。
The Nasdaq Stock Market notified Hempacco that, following a review of the Company's stock performance over the last ten consecutive trading days, from March 13, 2024, to March 26, 2024, the Company has satisfactorily maintained a closing bid price of $1.00 per share or greater. This ensures Hempacco's adherence to Listing Rule 5550(a)(2), effectively closing the matter related to bid price compliance.
納斯達克股票市場通知Hempacco，在對公司自2024年3月13日至2024年3月26日連續十個交易日的股票表現進行審查後，該公司令人滿意地維持了每股1.00美元或以上的收盤價。這確保了Hempacco遵守上市規則5550（a）（2），從而有效地解決了與投標價格合規有關的問題。
Sandro Piancone, CEO of Hempacco, expressed his enthusiasm and optimism regarding this development. "Regaining compliance with NASDAQ's bid price requirements is a testament to our team's hard work and the faith our investors have placed in us. We are excited about the future and remain dedicated to delivering value to our shareholders," Piancone stated.
Hempacco首席執行官桑德羅·皮安科內對這一事態發展表示了熱情和樂觀。“重新遵守納斯達克的出價要求證明了我們團隊的辛勤工作和投資者對我們的信心。我們對未來感到興奮，並將繼續致力於爲股東創造價值，” Piancone說。
About Hempacco
關於 Hempacco
Hempacco Co., Inc.'s goal is Disrupting Tobacco's nearly $1 trillion industry with herb and hemp-based alternatives to nicotine cigarettes by manufacturing and marketing herb, spice, and cannabinoid smokables and rolling paper. Hempacco owns The Real Stuff functional hemp cigarette and rolling paper brand.
Hempacco., Inc. '其目標是通過製造和銷售香草、香料和大麻素可吸食品和捲紙，用香草和大麻類的尼古丁香菸替代品顛覆菸草業的近1萬億美元產業。Hempacco 擁有 Real Stuff 功能性大麻香菸和捲紙品牌。
Hempacco's operating segments include:
Hempacco 的運營部門包括：
- Manufacturing of smokables, hemp rolling paper, and cannabinoid sticks
- Smokable technology development
- The Real Stuff brand of functional smokables and rolling paper
- Cheech and Chong Hemp Cigarettes and Hemp Hop Smokables with Rick Ross
- Snoop Dogg Joint Venture of Hemp-Derived Products
- 可吸菸品、大麻捲紙和大麻素棒的製造
- 開發可吸菸技術
- Real Stuff 品牌的功能性煙霧劑和捲紙
- Cheech and Chong Hemp 香菸和 Hemp Hop Smokables
- Snoop Dogg 大麻衍生產品的合資企業
For investor inquiries, please contact:
投資者如有查詢，請聯繫：
Sandro Piancone, CEO
Investor Relations: ir@hempaccoinc.com
619-779-0715
首席執行官桑德羅·皮安科內
投資者關係： ir@hempaccoinc.com
619-779-0715
Safe Harbor Statement
安全港聲明
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including our financial performance and projections, revenue and earnings growth, and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: (i) potential failure to meet projected development and related targets; (ii) changes in applicable laws or regulations that may impact our products and business; (iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the "SEC") by the Company. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
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譯文內容由第三人軟體翻譯。