Farmmi, Inc.

1.72

-0.0500-2.82%

Volume:111.39K

Turnover:201.61K

Market Cap:2.15M

PE:-0.22

High:1.95

Open:1.80

Low:1.68

Close:1.77

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News

Farmmi Inc. Completes Sale of Zhejiang Farmmi Biotechnology Co., Ltd. as Part of Cost Reduction Strategy

Reuters

·

01 Jul

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Completes Sale of Zhejiang Farmmi Biotechnology Co., Ltd. as Part of Cost Reduction Strategy","url":"https://stock-news.laohu8.com/highlight/detail?id=2548607749","media":"Reuters","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2548607749?lang=en_us&edition=fundamental","pubTime":"2025-07-01 18:01","pubTimestamp":1751364118,"startTime":"0","endTime":"0","summary":"Farmmi, Inc. announced the sale of several of its wholly owned subsidiaries as part of its cost reduction measures. Zhejiang Yitang Medical Services Co., Ltd., a subsidiary of Farmmi, entered into a share transfer agreement with Lishui Chida Logistics Co., Ltd. to sell 100% of the equity of Guoning Zhonghao  Trade Co., Ltd. and Ningbo Farmmi Baitong Trade Co., Ltd. for approximately $1,394 and $697, respectively. Similarly, Zhejiang Farmmi Ecological Agricultural Technology Co., Ltd., another Farmmi subsidiary, agreed to sell 100% of the equity of Zhejiang Farmmi Biotechnology Co., Ltd. to Lishui Damushan Tea Co., Ltd. for approximately $1,394. These transactions are part of a strategic effort to reduce costs associated with maintaining these subsidiaries, which had not been conducting substantial business.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL525mrn:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4212","FAMI"],"gpt_icon":0},{"id":"2524237996","title":"BRIEF-Farmmi Regains Compliance With Nasdaq Minimum Bid Price Requirement","url":"https://stock-news.laohu8.com/highlight/detail?id=2524237996","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524237996?lang=en_us&edition=fundamental","pubTime":"2025-04-03 18:59","pubTimestamp":1743677949,"startTime":"0","endTime":"0","summary":"BRIEF-Farmmi Regains Compliance With Nasdaq Minimum Bid Price RequirementApril 3 (Reuters) - Farmmi Inc FAMI.O:FARMMI REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENTSource text: ID:nPnbFjFs7aFurther company coverage: FAMI.O ((Reuters.Briefs@thomsonreuters.com;))","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250403:nTUABRW4ZT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4212","FAMI"],"gpt_icon":0},{"id":"2524982234","title":"Farmmi regains compliance with Nadaq","url":"https://stock-news.laohu8.com/highlight/detail?id=2524982234","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524982234?lang=en_us&edition=fundamental","pubTime":"2025-04-03 18:10","pubTimestamp":1743675043,"startTime":"0","endTime":"0","summary":"Farmmi (FAMI) announced that it received notification from Nasdaq confirming the company has regained compliance with Nasdaq’s minimum bid price re...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/farmmi-regains-compliance-with-nadaq?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/farmmi-regains-compliance-with-nadaq?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4212",".IXIC","FAMI","TSYW.SI","SQQQ","MNQmain","NQmain","QLD","USJW.SI","TQQQ","USAW.SI","NVIW.SI","QID","PSQ"],"gpt_icon":0},{"id":"2524638232","title":"Farmmi Regains Compliance with NASDAQ Minimum Bid Price Requirement","url":"https://stock-news.laohu8.com/highlight/detail?id=2524638232","media":"PR Newswire","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2524638232?lang=en_us&edition=fundamental","pubTime":"2025-04-03 18:00","pubTimestamp":1743674400,"startTime":"0","endTime":"0","summary":"LISHUI, China, April 3, 2025 /PRNewswire/ -- Farmmi, Inc.  , an agriculture products supplier in China, today announced that on April 2, 2025, it received notification from The Nasdaq Stock Market LLC  confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550. NASDAQ noted this matter is now closed.Established in 1998, Farmmi Inc.  is an agricultural products supplier, processor and retailer of edible mushrooms like Shiitake and Mu Er, as well as other agricultural products. Farmmi sells its products through the established distribution channels. For further information about the Company, please visit Farmmi's website.For more information, please contact Investor Relations: Farmmi, Inc.Investor RelationsT","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/farmmi-regains-compliance-nasdaq-minimum-100000899.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; 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