secwatch.observer — SEC 8-K summary
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Issuer:     Next Technology Holding Inc. (NXTT)
CIK:        0001784970
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0001477932-23-003705
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

WeTrade Group receives Nasdaq delisting notice; intends to appeal by May 22
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- Nasdaq staff determined to delist due to bid price below $0.10 for 10 consecutive trading days during compliance period.
- Trading suspended at open on May 24, 2023 unless appeal is requested.
- Company also failed to file Form 10-K for FY2022, violating Listing Rule 5250(c)(1).
- WeTrade plans to request a hearing; hearings typically scheduled 30-45 days after request.
- Company cannot assure it will regain compliance with Nasdaq listing rules.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1784970/000147793223003705/0001477932-23-003705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1784970/000147793223003705/wetg_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-23-003705

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