Zhengye Biotechnology Receives NASDAQ Notice for Delayed 2024 Annual Report Filing

Reuters
24 May
Zhengye Biotechnology Receives NASDAQ Notice for Delayed 2024 Annual Report Filing

Zhengye Biotechnology Holding Ltd. has announced a delay in filing its annual report on Form 20-F for the fiscal year ended December 31, 2024. The company received a delinquency letter from NASDAQ, notifying it of non-compliance with listing requirements due to this delay. Zhengye has 60 days to submit a compliance plan to regain compliance, potentially extending the deadline to November 11, 2025. The delayed filing currently has no immediate impact on the company's NASDAQ listing.

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