Announcement • May 09
Meiwu Technology Company Limited announced that it has received $15.65 million in funding On May 8, 2026. Meiwu Technology Company Limited announces that it has closed the transaction. Reported Earnings • Apr 19
Full year 2025 earnings released Full year 2025 results: US$0.84 loss per share. Revenue: US$7.08m (up US$6.92m from FY 2024). Net loss: US$18.6m (down 464% from profit in FY 2024). Announcement • Mar 19
Meiwu Technology Company Limited has completed a Follow-on Equity Offering in the amount of $13.999992 million. Meiwu Technology Company Limited has completed a Follow-on Equity Offering in the amount of $13.999992 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,999,996
Price\Range: $2
Discount Per Security: $0.14
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 6,999,996
Transaction Features: Registered Direct Offering Announcement • Mar 18
Meiwu Technology Company Limited Announces Strategic Artificial Intelligence Insights Initiative for Functional Skincare Product Innovation Meiwu Technology Company Limited announced that the Company is introducing a strategic artificial intelligence insights initiative as part of its ongoing efforts to enhance research collaboration and operational efficiency across its functional skincare business. Through this initiative, the Company plans to explore the application of AI-assisted data analysis tools to support internal research coordination, product formulation analysis, and collaboration with external research partners. The initiative is expected to assist the Company in organizing and evaluating a growing body of research data, including formulation records, ingredient studies, and scientific publications related to skincare technologies. By integrating AI-supported analytical tools into internal workflows, the Company aims to improve the efficiency of reviewing technical materials and identifying potential development directions for functional skincare products. The Company expects the initiative to support its ongoing collaboration with external research institutions and product development partners by improving the organization and review of historical formulation data, ingredient studies, and technical materials. AI-assisted analysis may help identify potential ingredient interactions and facilitate more standardized data sharing among research participants involved in product development projects. Over time, the Company believes that improvements in internal research coordination and data management may contribute to a more efficient product development process as it continues to expand its functional skincare product portfolio and supply chain ecosystem. Announcement • Mar 17
Meiwu Technology Company Limited has filed a Follow-on Equity Offering. Meiwu Technology Company Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 6,999,996
Price\Range: $2
Discount Per Security: $0.14
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 6,999,996
Transaction Features: Registered Direct Offering Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$1.86, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 22x in the Consumer Retailing industry in the US. Total loss to shareholders of 98% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to US$1.57, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 21x in the Consumer Retailing industry in the US. Total loss to shareholders of 100% over the past three years. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$1.37, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 21x in the Consumer Retailing industry in the US. Total loss to shareholders of 100% over the past three years. Announcement • Nov 19
Meiwu Technology Company Limited has filed a Follow-on Equity Offering in the amount of $40 million. Meiwu Technology Company Limited has filed a Follow-on Equity Offering in the amount of $40 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 50,000,000
Price\Range: $0.8 New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 89% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (89% accrual ratio). Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Revenue is less than US$5m (US$2.6m revenue). Market cap is less than US$100m (US$25.7m market cap). Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to US$2.42, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 20x in the Consumer Retailing industry in the US. Total loss to shareholders of 99% over the past three years. New Risk • Sep 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m (US$158k revenue). Market cap is less than US$10m (US$8.88m market cap). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Large one-off items impacting financial results. Board Change • Jul 30
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. Chairman of the Board Changbin Xia is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • May 01
Meiwu Technology Company Limited announced delayed 20-F filing On 04/30/2025, Meiwu Technology Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Mar 04
Meiwu Technology Company Receives Nasdaq Notification Letter Regarding Bid Price Deficiency Meiwu Technology Company Limited announced that on February 27, 2025, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until August 26, 2025, to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. Board Change • Jan 13
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). Chief Compliance Officer & Chairman of the Board Changbin Xia is the most experienced director on the board, commencing their role in 2021. Independent Director Aiwei Luo was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. New Risk • Dec 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 50% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 18x increase in shares outstanding). Revenue is less than US$1m (US$380k revenue). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$33.1m market cap). Announcement • Sep 29
Meiwu Technology Company Limited has filed a Follow-on Equity Offering. Meiwu Technology Company Limited has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 60,000,000 Announcement • Sep 12
Meiwu Technology Company Receives Nasdaq Letter Regarding Bid Price Deficiency Meiwu Technology Company Limited announced that on September 10, 2024, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until March 10, 2025, to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a) (2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. Board Change • Aug 01
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Jinfeng He was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 03
Meiwu Technology Company Limited announced delayed 20-F filing On 05/01/2024, Meiwu Technology Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Nov 30
Meiwu Technology Receives Noncompliance Notification from Nasdaq Meiwu Technology Company Limited announced that it received a staff determination letter (the “Letter”), on November 24, 2023, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the determination from the Nasdaq staff (the “Staff”) to delist the Company’s securities from The Nasdaq Stock Market, because, as of November 22, 2023, the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). Pursuant to the Letter, unless the Company requests an appeal of the Staff’s determination, trading of the Company’s ordinary shares will be suspended at the opening of business on December 5, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Notice states that the Company may appeal Staff's determination to a Hearings Panel (the “Panel”) pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A hearing request will stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision. The Company intends to request a hearing to appeal the delisting determination. The Company is working on a plan to present to the Panel in an effort to regain compliance with the Listing Rules. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. Reported Earnings • Oct 22
Full year 2022 earnings released: US$0.25 loss per share (vs US$0.042 loss in FY 2021) Full year 2022 results: US$0.25 loss per share (further deteriorated from US$0.042 loss in FY 2021). Revenue: US$11.0m (down 10% from FY 2021). Net loss: US$11.1m (loss widened US$9.99m from FY 2021). New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (US$8.53m market cap). Minor Risk Shareholders have been diluted in the past year (45% increase in shares outstanding). New Risk • Aug 20
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: US$9.96m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 49% per year over the past 5 years. Market cap is less than US$10m (US$9.96m market cap). Minor Risk Shareholders have been diluted in the past year (45% increase in shares outstanding). Reported Earnings • May 14
Full year 2022 earnings released: US$0.25 loss per share (vs US$0.042 loss in FY 2021) Full year 2022 results: US$0.25 loss per share (further deteriorated from US$0.042 loss in FY 2021). Revenue: US$11.0m (down 10% from FY 2021). Net loss: US$11.1m (loss widened US$9.99m from FY 2021). Announcement • Feb 09
Meiwu Technology Company Receives Nasdaq Notification Letter Regarding Bid Price Deficiency On February 8, 2023, Meiwu Technology Company Limited announced that on February 7, 2023, the company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (‘Nasdaq’) notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until August 7, 2023, to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. Announcement • Nov 26
Meiwu Technology Company Limited Announces Chief Financial Officer Changes Meiwu Technology Company Limited announced on November 23, 2022, Ms. Junjun Li tendered her resignation as the Chief Financial Officer (CFO) of Meiwu Technology Company Limited (the Company) with immediate effect. Ms. Li’s decision to resign was not a result of any disagreements with the Company on any matter related to the operations, policies, or practices of the Company. Effective on November 23, 2022, the board of directors of the Company appointed Ms. Qian Zhang as the new CFO of the Company to fill the vacancy created by Ms. Li’s resignation. The biographical information of Ms. Zhang is: Ms. Qian Zhang, has served as the chief financial officer of Zhongming Investment Group (Shenzhen) Co. Ltd. since June 2020. From January 2019 to June 2020, Ms. Zhang was the financial controller of Shenzhen Wanqilian Financial Services Co. Ltd. Ms. Zhang was the financial controller of Shenzhen Tengyuan Fund Sales Co. Ltd. from January 2015 until December 2018. Ms. Zhang earned a Master degree of business administration from MAHSA University in 2008. Reported Earnings • Nov 25
First half 2022 earnings released: US$0.14 loss per share (vs US$0.049 loss in 1H 2021) First half 2022 results: US$0.14 loss per share (further deteriorated from US$0.049 loss in 1H 2021). Revenue: US$1.17m (down 84% from 1H 2021). Net loss: US$5.51m (loss widened 352% from 1H 2021). Announcement • Nov 24
Meiwu Technology Company Limited Provides Sales Guidance for the Second Half of the Fiscal Year 2022 Meiwu Technology Company Limited provided sales guidance for the second half of the fiscal year 2022. For the period, with the efforts in the marketing, the company expects its sales performance to recover and grow. Announcement • Oct 29
Meiwu Technology Company Regains Compliance with Nasdaq Minimum Bid Price Requirement Meiwu Technology Company Limited announced that on October 25, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed. On May 13, 2022, the Company was first notified by Nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was given its first 180-day extension, or until November 9, 2022 to regain compliance. The letter from Nasdaq dated October 25, 2022 noted that as of October 24, 2022, the Company evidenced a closing bid price of its ordinary shares at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from October 11, 2022 through October 24, 2022. Nasdaq stated that accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). Announcement • Sep 10
Meiwu Technology Company Limited announced that it has received $5 million in funding On September 9, 2022, Meiwu Technology Company Limited closed the transaction. Announcement • Jun 25
Meiwu Technology Company Limited (NasdaqCM:WNW) entered into a Share Purchase Agreement Mahaotiaodong Information Technology Company Limited from Longhua Cui and others shareholders for $6 million. Meiwu Technology Company Limited (NasdaqCM:WNW) entered into a Share Purchase Agreement Mahaotiaodong Information Technology Company Limited from Longhua Cui and others shareholders for $6 million on June 23, 2022. Pursuant to the SPA, the Meiwu Technology is going to acquire 100% of the issued and outstanding shares of Mahao BVI. Upon the closing, the Company shall deliver to the Sellers total consideration of $6 million to be paid in ordinary shares, no par value of the Meiwu, at a price of $0.6 per share, for a total of 10 million Ordinary Shares. The SPA is subject to various conditions to closing, including, among other things Nasdaq approval of the listing of the Share Consideration. No material consent, approval, waiver, license, permit, order or authorization (“Consent”) of, or registration, declaration or filing with, or Governmental Authorization from, any Governmental Entity is required. Announcement • May 17
Meiwu Technology Company Limited Received Nasdaq Notification Letter Regarding Bid Price Deficiency Meiwu Technology Company Limited announced that on May 13, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until November 9, 2022, to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. Announcement • May 03
Meiwu Technology Company Limited announced delayed 20-F filing On 05/02/2022, Meiwu Technology Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Board Change • May 02
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Jielin Lin is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 12
Meiwu Technology Co. Ltd. Announces Management Changes On April 7, 2022, Ms. Yuanqin Li, an independent director of Meiwu Technology Co. Ltd.’s (the “Company”), chairperson of the nomination and corporate governance committee of the board of directors of the Company (the “Board”), member of the compensation committee and audit committee of the Board, resigned from her positions due to personal reasons, effective immediately. The resignation was not a result of any disagreements between Ms. Li and the Company on any matter related to the operations, policies, or practices of the Company. Effective on April 7, 2022, the Board appointed Ms. Jinfeng He as an independent director of the Board, chairperson of the nomination and corporate governance committee, a member of the compensation committee and audit committee of the Board to fill the vacancies created by Ms. Yuanqin Li’s resignation. Ms. Jinfeng He, age 56, has more than 20 years of experience in team leadership and financial management. From August 2019 to December 2021, Ms. He served as the regional general manager of Zhongcheng Guoxing Mianyang Branch, which provides a series of information system integration services, network technology services, software development, technical consulting, technology promotion and Internet sales functions. From November 2015 to June 2019, Ms. He served as the general manager of China Huaxia Life Insurance Company. Ms. He obtained her bachelor’s degree in accounting from Sichuan Mianyang School of Finance and Economics in 1989. In connection with her appointment as a director, the Company and Ms. He signed an offer letter on April 7, 2022. Pursuant to the offer letter, Ms. He will receive an annual director fee $15,000 in cash, payable quarterly and be reimbursed for reasonable expenses incurred in the performance of her duties. Board Change • Jan 03
High number of new and inexperienced directors There are 3 new directors who have joined the board in the last 3 years. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. Independent Director Xinmei Shi is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 24
Meiwu Technology Company Limited (NasdaqCM:WNW) agreed to acquire 51% stake in Boxinrui International Holdings Limited for CNY 153 million. Meiwu Technology Company Limited (NasdaqCM:WNW) agreed to acquire 51% stake in Boxinrui International Holdings Limited for CNY 153 million on November 23, 2021. The SPA is subject to various conditions to closing, including, among other things Nasdaq approval of the listing of the Share Consideration. Reported Earnings • Sep 05
First half 2021 earnings released: US$0.049 loss per share (vs US$0.066 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: US$7.50m (up 151% from 1H 2020). Net loss: US$1.22m (loss narrowed 7.3% from 1H 2020). Announcement • Jun 01
The Schall Law Firm Announces It Is Investigating Claims Against Wunong Net Technology Company The Schall Law Firm announces that it is investigating claims on behalf of investors of Wunong Net Technology Company Limited for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Wunong issued a press release on May 19, 2021, stating it had “received written notification on May 18, 2021, from The Nasdaq Stock Market LLC that it no longer complies with Listing Rule 5250(c)(1) for continued listing in that it has failed to file its annual report on Form 20-F for the year ended December 31, 2020.” The Company advised the market that it “is working aggressively to complete its audit and file its annual report on Form 20-F by June 30, 2021 and accordingly, regain compliance with the Nasdaq Rules ahead of the deadline to submit its plan to regain compliance” . Announcement • May 21
Wunong Net Technology Receives Notice of Non-Compliance with NASDAQ’s Listing Rule 5250(c)(1) Wunong Net Technology Co. Ltd. announced that it received written notification on May 18, 2021, from The Nasdaq Stock Market LLC that it no longer complies with Listing Rule 5250(c)(1) for continued listing in that it has failed to file its annual report on Form 20-F for the year ended December 31, 2020. Under the Nasdaq Rules, the Company has 60 calendar days to submit a plan to regain compliance. If its plan is accepted, the Company will be granted an extension of up to 180 calendar days from the filing’s due date (i.e. November 15, 2021) to regain compliance. The Company is working aggressively to complete its audit and file its annual report on Form 20-F by June 30, 2021 and accordingly, regain compliance with the Nasdaq Rules ahead of the deadline to submit its plan to regain compliance. Announcement • May 02
Wunong Net Technology Company Limited announced delayed 20-F filing On 04/30/2021, Wunong Net Technology Company Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. Announcement • Dec 16
Wunong Net Technology Company Limited has completed an IPO in the amount of $29.99955 million. Wunong Net Technology Company Limited has completed an IPO in the amount of $29.99955 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 5,999,910
Price\Range: $5
Discount Per Security: $0.425