Nature's Miracle receives Nasdaq delisting notice; hearing Dec 17, 1-for-30 reverse split effective

Nature's Miracle Holding Inc.

Received Nasdaq notice for failure to maintain $1 minimum bid price; not eligible for additional compliance period; hearing Dec 17.
Filed 1-for-30 reverse stock split effective Nov 21, 2024, intended to raise per-share price.
CEO Tie Li and President Zhiyi Zhang converted $577,500 each of intercompany debt into 218,750 shares each at $2.64/share.
Noteholders converted $845,000 of convertible notes into 320,076 shares at $2.64/share; company to register resale shares.

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