Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule | WNW Stock News

Apr 21, 2025

Meiwu Technology Company (WNW, Financial) has regained compliance with Nasdaq's minimum bid price rule.
WNW shares maintained a closing bid price of $1.00 or higher for 10 consecutive business days.
This compliance resolves the previous bid price deficiency issue.

Meiwu Technology Company Limited (WNW) has announced that it is back in compliance with the Nasdaq Listing Rule 5550(a)(2), which necessitates maintaining a minimum bid price of $1.00 per share. This achievement was confirmed by a formal notification from Nasdaq on April 21, 2025.

The compliance came after the company's ordinary shares reached and held a closing bid price of at least $1.00 for 10 consecutive business days, from April 1, 2025, to April 14, 2025. This milestone effectively closes the bid price deficiency matter, allowing WNW to continue trading on the Nasdaq exchange without the risk of delisting due to low share price.

Meiwu Technology, which initially focused on the online sale of high-quality food products, has since transitioned to the skincare industry. It now markets functional skincare products through its wholly owned subsidiary in China, Xiamen Chunshang Health Technology Co., Ltd.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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