Yunhong Green CTI receives Nasdaq delisting notice for late 10-Q; prior auditor suspended

YUNHONG GREEN CTI LTD.

Received Nasdaq notice on May 22, 2024 for non-compliance with Listing Rule 5250(c)(1) due to failure to file Q1 2024 10-Q.
Prior auditor BF Borgers suspended by SEC on May 3, 2024; new auditor Wolf & Company must re-audit 2023 balances before any 2024 filings.
Company must submit compliance plan to Nasdaq by July 22, 2024; possible extension until Nov 18, 2024.
Until re-audit is completed, Company will not be able to issue any 2024 filings.
No immediate effect on Nasdaq listing or trading of YHGJ common stock.

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