RegulatoryJun 16, 2026, 08:01 PM
Wing Yip Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Wing Yip Food Holdings Group Ltd announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of US$1.00 per American Depositary Share (ADS). The company had previously received a non-compliance notification in December 2025. Nasdaq determined that Wing Yip's ADSs maintained a closing bid price of US$1.00 or greater for 10 consecutive business days, from June 2 to June 15, 2026, thereby closing the matter.
Key Highlights
- Wing Yip regained compliance with Nasdaq Listing Rule 5550(a)(2).
- The rule requires a minimum bid price of US$1.00 per American Depositary Share (ADS).
- The company previously received a non-compliance notification on December 22, 2025.
- Wing Yip's ADSs maintained a closing bid price of US$1.00 or greater for 10 consecutive business days.
- The compliance period was from June 2, 2026, to June 15, 2026.
Price Impact
More from WYHG