Wetouch Technology Inc.: Increased authorized shares of common stock from 15,000,000 to 65,000,000 (effective 2026-01-07).
“On January 7, 2026, Wetouch Technology Inc. (the “Company”) filed with the Secretary of State of the State of Nevada an amendment to the Company’s Articles of Incorporation, as amended (the “Amendment”), which became effective on that date. In connection with the Amendment, the Company also filed its Second Amended and Restated Articles of Incorporation (the “Restated AOI”). The Amendment was approved by the Company’s stockholders at the annual meeting held on December 26, 2025, and increased the number of authorized shares of the Company’s common stock from 15,000,000 to 65,000,000.”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq extension granted notice regarding late filing (rules 5250(c)(1)).
“ss days, the bid price for the Company’s common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq. The Company had a period of 180 calendar days, or until January 12, 2026, to regain compliance with the Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). On September 15, 2025, the Company received a letter from Nasdaq notifying the Company that the Staff had determined that the closing price of the Company’s common stock was $1.00 or greater for the requisite period of time and that the Company had regained complia”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
“ss days, the bid price for the Company’s common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq. The Company had a period of 180 calendar days, or until January 12, 2026, to regain compliance with the Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). On September 15, 2025, the Company received a letter from Nasdaq notifying the Company that the Staff had determined that the closing price of the Company’s common stock was $1.00 or greater for the requisite period of time and that the Company had regained complia”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“August 21, 2025, Wetouch Technology Inc., a Nevada corporation (the “Company” or “Wetouch”), received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company had not yet filed its Form 10-Q for the period ended June 30, 2025 (the “2 nd Form 10-Q”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) requiring Nasdaq-listed companies to timely file all periodic financial reports with the Securities and Exchange Commission (the “SEC”). Previously, Staff had granted the”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“July 15, 2025, WETOUCH TECHNOLOGY INC. (the “Company”), received a letter (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that for the last 30 consecutive business days prior to the date of the Notice, the closing bid price of the Company’s securities (the “Bid Price”) was less than $1.00 per share, which does not meet the requirement for continued listing on The Nasdaq Global Market, as required by Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A)”
Auditor Changes
Wetouch Technology Inc. engaged ST & Partners PLT as its auditor.
“appointed ST & Partners PLT ("STP") as its independent registered public accounting firm, effective immediately.”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq extension granted notice regarding late filing (rules 5250(c)(1)).
“June 26, 2025, Wetouch Technology Inc. (the “Company”) received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) stating that Nasdaq had reviewed and accepted the Company’s plan of compliance relating to the Company’s noncompliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. As previously disclosed, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Report on Form 1”
Auditor Changes
Wetouch Technology Inc. dismissed Enrome LLP as its auditor.
“On June 27, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company approved the dismissal of Enrome LLP (“Enrome”) as the Company’s independent registered public accounting firm, effective immediately.”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“May 27, 2025, Wetouch Technology Inc., a Nevada corporation (the “Company” or “Wetouch”), received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company had not yet filed its Form 10-Q for the period ended March 31, 2025 (the “Form 10-Q”) and the Company remains delinquent in filing its Form 10-K for the period ended December 31, 2024 (the “Form 10-K”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) requiring Nasdaq-listed companies to timely file all periodic”
Jing Guo was appointed as Director at Wetouch Technology Inc..
“On May 1, 2025, the Board appointed Jing Guo to serve as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as the Chairperson of the Nominating and Corporate Governance Committee.”
Guijun Gan was appointed as Chairperson of the Audit Committee at Wetouch Technology Inc..
“On May 1, 2025, the Board appointed Guijun Gan to serve as the Chairperson of the Audit Committee of the Board and removed him from his position as the Chairperson of the Nominating and Corporate Governance Committee of the Board.”
Jing Chen resigned as Director at Wetouch Technology Inc..
“On April 29, 2025, Ms. Jing Chen tendered her resignation as a member of the Board of Directors (the “Board”) of Wetouch Technology Inc. (the “Company”), which means that she will no longer serve as a member of the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as the Chairperson of the Audit Committee.”
Listing & Compliance Notices
Wetouch Technology Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 21, 2025, Wetouch Technology Inc., a Nevada corporation (the “Company” or "Wetouch"), received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company had not yet filed its Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) requiring Nasdaq-listed companies to timely file all periodic financial reports with the Securities and Exchange Commission (the “SEC”). The Form 10-K was due on March 31, 202”
Xing Tang was appointed as Chief Financial Officer at Wetouch Technology Inc..
“On July 8, 2024. the Board of Company appointed Xing Tang to serve as the Chief Financial Officer of the Company, effective July 8, 2024.”
Yuhua Huang resigned as Chief Financial Officer at Wetouch Technology Inc..
“On July 8, 2024, Mr. Yuhua Huang resigned as a Chief Financial Officer of Wetouch Technology Inc. (the “Company”).”
Guijun Gan was appointed as Member of the Board, Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee (chairperson of Nominating and Corporate Governance Committee) at Wetouch Technology Inc..
“(iii) Guijun Gan to serve as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Nominating and Corporate Governance Committee”
Jiaxing Huang was appointed as Member of the Board, Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee (chairperson of Compensation Committee) at Wetouch Technology Inc..
“(ii) Jiaxing Huang to serve as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Compensation Committee”
Guangrong Cai was appointed as Chairman of the Board at Wetouch Technology Inc..
“(i) Guangrong Cai to serve as a member of the Board and Chairman of the Board”
Congjin Wang resigned as Member of the Board at Wetouch Technology Inc..
“Mr. Congjin Wang resigned as a member of the Board and the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Nominating and Corporate Governance Committee.”
Xiaojin Tang resigned as Member of the Board at Wetouch Technology Inc..
“Mr. Xiaojin Tang resigned as a member of the Board and the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Compensation Committee.”
Fei Bai resigned as Chairman of the Board at Wetouch Technology Inc..
“Mr. Fei Bai resigned as a member of the Board of Directors (the “Board”) and as the Chairman of the Board.”
Auditor Changes
Wetouch Technology Inc. engaged Enrome LLP as its auditor.
“the Company retained Enrome LLP (“Enrome LLP”) as its independent registered public accounting firm.”
Auditor Changes
Wetouch Technology Inc. dismissed BF Borgers CPA PC as its auditor.
“the Audit Committee (the “Audit Committee”) of the Board of Directors of Wetouch Technology Inc. (the “Company”) approved the dismissal of BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm, effective immediately.”
Material Agreements
Wetouch Technology Inc. entered into Underwriting Agreement with WestPark Capital, Inc. and Craft Capital Management LLC (effective 2024-02-20).
“On February 20, 2024, Wetouch Technology Inc., a Nevada corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with WestPark Capital, Inc. and Craft Capital Management LLC, as representatives (the “Representatives”) of the underwriters listed therein (the “Underwriters”), pursuant to which the Company agreed to sell to the Underwriters in a firm commitment underwritten public offering (the “Offering”) an aggregate of 2,160,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a public offering price of $5.00 per share.”
Governance Changes
Wetouch Technology Inc.: 1-for-20 reverse stock split effected by filing Certificate of Change with Nevada Secretary of State, reducing authorized shares from 300,000,000 to 15,000,000 (effective 2023-09-12).
“On September 7, 2023, Wetouch Technology Inc. (the “Company”) filed a Certificate of Change Pursuant to Nevada Revised Statutes Section 78.209 with the Secretary of State of the State of Nevada to affect a 1-for-20 reverse stock split”
Jeffrey Kone resigned as Director at Wetouch Technology Inc..
“On February 16, 2023, Jeffrey Kone resigned as a member of the Board of the Company and as a member of the Audit Committee, Compensation Committee and Nominating and Governance Committee.”
Congjin Wang was appointed as Director at Wetouch Technology Inc..
“The Board of Directors (the “Board”) of Wetouch Technology Inc. (the “Company”) has appointed Congjin Wang to serve as a member of the Board, effective February 17, 2023 and to serve as a member of the Audit Committee, the Compensation Committee and as the Chairman of Nominating and Corporate Governance Committees of the Board.”
Material Agreements
Wetouch Technology Inc. entered into Securities Purchase Agreement with Buyers valued at $40,000,000 (effective 2023-01-19).
“On January 19, 2023, Wetouch Technology Inc., a Nevada corporation (the “Company”), entered into a Securities Purchase Agreement (the “Agreement”) with the buyers indicated therein (collectively, the “Buyers”), pursuant to which the Company sold to the Buyers an aggregate of 160,000,000 shares of the common stock of the Company (the “Shares”) for an aggregate purchase price of $40,000,000, or $0.25 per share.”
Wei Wang resigned as Member of the Board and Chairperson of the Compensation Committee; Member of Audit Committee and Nominating and Corporate Governance Committee at Wetouch Technology Inc..
“On August 31, 2022, Mr. Wei Wang resigned as a member of the Board and the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Compensation Committee.”
Guangde Cai resigned as Chairman of the Board and Member of the Board at Wetouch Technology Inc..
“On August 31, 2022, Mr. Guangde Cai resigned as a member of the Board and as the Chairman of the Board.”
Xiaojin Tang was appointed as Member of the Board, Audit Committee, Compensation Committee, Nominating and Corporate Governance Committee; Chairperson of Compensation Committee at Wetouch Technology Inc..
“The Board of Directors (the “Board”) of Wetouch Technology Inc. (the “Company”) has appointed Fei Bai to serve as a member of the Board and Chairman of the Board and has appointed Xiaojin Tang to serve as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Compensation Committee, effective August 31, 2022.”
Fei Bai was appointed as Chairman of the Board at Wetouch Technology Inc..
“The Board of Directors (the “Board”) of Wetouch Technology Inc. (the “Company”) has appointed Fei Bai to serve as a member of the Board and Chairman of the Board and has appointed Xiaojin Tang to serve as a member of the Board, the Audit Committee, the Compensation Committee, and the Nominating and Corporate Governance Committee of the Board, including as chairperson of the Compensation Committee, effective August 31, 2022.”
Jeff Kone was appointed as Director at Wetouch Technology Inc..
“On November 12, 2021, the Company entered into a director service agreement (each, a “Director Service Agreement” and, collectively, the “Director Service Agreements”) with each of Jing Chen, Wei Wang, and Jeff Kone, pursuant to which Ms. Chen, Mr. Wang, and Mr. Kone were appointed as members of the Company’s board of directors (“Board”), effective as of November 12, 2021 (the “Commencement Date”).”
Wei Wang was appointed as Director at Wetouch Technology Inc..
“On November 12, 2021, the Company entered into a director service agreement (each, a “Director Service Agreement” and, collectively, the “Director Service Agreements”) with each of Jing Chen, Wei Wang, and Jeff Kone, pursuant to which Ms. Chen, Mr. Wang, and Mr. Kone were appointed as members of the Company’s board of directors (“Board”), effective as of November 12, 2021 (the “Commencement Date”).”
Jing Chen was appointed as Director at Wetouch Technology Inc..
“On November 12, 2021, the Company entered into a director service agreement (each, a “Director Service Agreement” and, collectively, the “Director Service Agreements”) with each of Jing Chen, Wei Wang, and Jeff Kone, pursuant to which Ms. Chen, Mr. Wang, and Mr. Kone were appointed as members of the Company’s board of directors (“Board”), effective as of November 12, 2021 (the “Commencement Date”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.