Next Technology Holding Inc. (NXTT): Nasdaq/NYSE listing notice — Next Tech resolves Nasdaq fee delinquency; Wyoming control lawsuit dismissed with prejudice

Next Technology Holding Inc.

Received Nasdaq deficiency notice for $49,500 in past due fees; paid on April 25, 2024, and notice withdrawn on April 26.
Wyoming Chancery Court dismissed with prejudice on April 8, 2024, the control lawsuit brought by affiliates of Zheng Dai and Pijun Liu.
Plaintiffs no longer assert control; company remains under current board and management.
Company's counterclaims remain pending; intends to seek fees and sanctions against plaintiffs for frivolous dispute.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Next Technology Holding Inc. received a nasdaq deficiency notice notice regarding other (rules 5250(f)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5250(f)

Exact text from the filing

April 24, 2024, Next Technology Holding Inc. (the “Company”) received a deficiency letter (the “Fee Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Company had not paid certain fees required by Nasdaq Listing Rule 5250(f). The Company’s past due fee balance was $49,500 as of the date of the Fee Notice. The Fee Notice provided that if the Company elects not to appeal by May 1, 2024, then this lack of payment would lead to the suspension of the trading of the Company’s common stock at the opening of business on May 3, 2

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Next Technology Holding Inc. filing history →

Source: SEC EDGAR

accession 0001099910-24-000197

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