regulatory
confidence high
sentiment negative
materiality 0.70
Wetouch receives Nasdaq non-compliance notice for late Q1 2025 10-Q and FY2024 10-K
Wetouch Technology Inc.
- Nasdaq notice dated May 27, 2025: Wetouch failed to file Form 10-Q for March 31, 2025 and remains delinquent on Form 10-K for December 31, 2024.
- Company must submit a compliance plan by June 20, 2025; if accepted, Nasdaq may grant until October 13, 2025 to file both reports.
- No immediate impact on Nasdaq listing or trading of WETH common stock.
- Wetouch expects to file the delinquent reports as soon as practicable and regain compliance within the allowed timeframe.
item 3.01item 7.01item 9.01