Shineco Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway

Reuters

31 Jul

Shineco Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway

Shineco Inc. has announced a regulatory issue regarding its compliance with Nasdaq's listing requirements. The company received a staff determination letter from Nasdaq, indicating non-compliance with the minimum bid price requirement for continued listing. After a hearing with a Nasdaq Hearings Panel, Shineco's request for continued listing was denied, leading to a suspension of trading scheduled for July 29, 2025. However, the Nasdaq Listing and Hearing Review Council intervened, granting a stay on the suspension and delisting pending further review. The outcome of this review will determine whether Shineco can maintain its listing on the Nasdaq Capital Market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shineco Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-021606), on July 31, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Shineco Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Shineco Inc. has announced a regulatory issue regarding its compliance with Nasdaq's listing requirements. The company received a staff determination letter from Nasdaq, indicating non-compliance with the minimum bid price requirement for continued listing. After a hearing with a Nasdaq Hearings Panel, Shineco's request for continued listing was denied, leading to a suspension of trading scheduled for July 29, 2025. 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Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-31 18:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Shineco Inc. 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ID: 0001641172-25-021606), on July 31, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4183","symbol_name":"个人用品","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250731:nNDL914VWm:1","article_id":"2555671886","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2555671886","pubTimestamp":1753956440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shineco Inc. has announced a regulatory issue regarding its compliance with Nasdaq's listing requirements. The company received a staff determination letter from Nasdaq, indicating non-compliance with the minimum bid price requirement for continued listing. After a hearing with a Nasdaq Hearings Panel, Shineco's request for continued listing was denied, leading to a suspension of trading scheduled for July 29, 2025. However, the Nasdaq Listing and Hearing Review Council intervened, granting a stay on the suspension and delisting pending further review. The outcome of this review will determine whether Shineco can maintain its listing on the Nasdaq Capital Market.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shineco Inc. published the","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4183":"个人用品","SISI":"尚高生命科学"},"translate_title":"由于不遵守买入价规则，Shineco公司可能面临纳斯达克退市；审查过程正在进行中","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SISI":0.9},"content_text":"Shineco Inc. Faces Potential Nasdaq Delisting Due to Non-Compliance with Bid Price Rule; Review Process Underway\n    \n\n        Shineco Inc. has announced a regulatory issue regarding its compliance with Nasdaq's listing requirements. The company received a staff determination letter from Nasdaq, indicating non-compliance with the minimum bid price requirement for continued listing. After a hearing with a Nasdaq Hearings Panel, Shineco's request for continued listing was denied, leading to a suspension of trading scheduled for July 29, 2025. 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