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.

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