regulatory
confidence high
sentiment negative
materiality 0.90
Nasdaq issues second delisting determination against CN Healthy Food Tech after CSRC letter
CN Healthy Food Tech Group Corp.
- Nasdaq Staff issued a Nov 9, 2026 delisting determination under Rule 5101 and Misrepresentation Rules 5205(e)/5250(a)(1), citing a CSRC letter to the Staff dated Oct 30, 2026.
- CSRC allegations concern the status of the company's CSRC filing compliance, authenticity of materials previously provided to Nasdaq Staff, responsiveness to CSRC inquiries, and its PRC counsel.
- Company may submit written information to the Nasdaq Hearings Panel no later than Nov 16, 2026; the trading halt in UCFI and UCFIW remains in effect.
- Background: July 16, 2026 delisting letter, Oct 7, 2026 Panel ruling allowing listing subject to conditions, and a planned Oct 19, 2026 resumption that was stayed for more CSRC information.
- No assurance given that the Panel will rule in the company's favor or that the securities will resume trading or stay listed on Nasdaq.
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