DelistingJul 21, 2026, 04:26 PM
CN Healthy Food Tech Group Corp. Receives Nasdaq Delisting Notice
AI Summary
CN Healthy Food Tech Group Corp. announced it received a letter from Nasdaq on July 16, 2026, stating Nasdaq's determination to delist the company's common stock and warrants. The decision is based on Nasdaq's discretionary authority under Rule 5101 and alleged violations of Nasdaq Listing Rules 5205(e) and 5250(a)(1). The company plans to timely request an appeal by July 23, 2026, which would stay any suspension of the securities, though the current trading halt would remain. There is no guarantee of a successful appeal or relisting.
Key Highlights
- Received a Determination Letter from Nasdaq on July 16, 2026, regarding delisting.
- Nasdaq's decision is based on Rule 5101 and alleged violations of Rules 5205(e) and 5250(a)(1).
- The delisting affects the Company's common stock and warrants.
- Company intends to request an appeal by the July 23, 2026 deadline.
- A timely appeal request would stay suspension, but the trading halt remains in effect.
- No assurance that the appeal will be successful or that securities will resume trading.
Price Impact
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