SHINECO, INC.: Nasdaq/NYSE listing notice — Shineco gets Nasdaq delisting notice; trading to suspend June 25 unless appeal filed

SHINECO, INC.

Received staff determination letter June 16, 2025 for non-compliance with minimum bid price rule.
Not eligible for compliance period due to reverse stock split within prior year.
Trading on Nasdaq Capital Market to be suspended from June 25, 2025 unless appeal by June 23.
Company intends to request hearing with Nasdaq Hearings Panel to stay suspension.
Operations unaffected by letter; company plans to pursue appeal process.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

SHINECO, INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)(iv)

Exact text from the filing

June 16, 2025, Shineco Inc. (the “Company”) received a staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) for continued listing on Nasdaq. Furthermore, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period, since the Company has effected a reverse stock split over the prior one-year period. The Company’s securities will be suspended from

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Source: SEC EDGAR

accession 0001641172-25-015968

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