{"id":796943,"date":"2024-12-26T06:33:11","date_gmt":"2024-12-26T11:33:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/meiwu-technology-company-limited-regains-compliance-with-nasdaq-minimum-closing-bid-price-rule\/"},"modified":"2024-12-26T06:33:11","modified_gmt":"2024-12-26T11:33:11","slug":"meiwu-technology-company-limited-regains-compliance-with-nasdaq-minimum-closing-bid-price-rule","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/meiwu-technology-company-limited-regains-compliance-with-nasdaq-minimum-closing-bid-price-rule\/","title":{"rendered":"Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Shenzhen, China, Dec.  26, 2024  (GLOBE NEWSWIRE) &#8212; Meiwu Technology Company Limited (\u201cWNW\u201d or the \u201cCompany\u201d), (NASDAQ: WNW) announced today announced that it received a formal notification from the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company\u2019s ordinary shares, no par value each (the \u201cOrdinary Shares\u201d) to maintain a minimum bid price of $1.00 per share.<\/p>\n<p align=\"justify\">The Nasdaq staff made this determination of compliance after the closing bid price of the Company\u2019s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from December 6, 2024, to December 20, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this bid price deficiency matter is now closed.<\/p>\n<p align=\"justify\">\n        <strong>About Meiwu Technology Company Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Meiwu Technology Company Limited (\u201cMeiwu\u201d) is a British Virgin Islands company incorporated on December 4, 2018, with its operations in China through its subsidiaries. Its business includes an online platform for the sales of food products, a short message service (\u201cSMS\u201d) business, and a functional skin care business. Meiwu will continue to explore and implement different strategies to grow its business.<\/p>\n<p align=\"justify\">\n        <strong>Safe Harbor Statement<\/strong>\n      <\/p>\n<p align=\"justify\">Certain statements made in this release are \u201cforward looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words \u201cestimates,\u201d \u201cprojected,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cforecasts,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cbelieves,\u201d \u201cseeks,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201cfuture,\u201d \u201cpropose\u201d and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company\u2019s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company\u2019s filings with the Securities and Exchange Commission, which are available for review at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1He4ckg0WZEqVf0d_yq54FIx2rRKO0nBhGQOnVPIcLeiXoYUe85nVhmkq5yRQyJY1RuAaeNjGGVC2ybasuNvXg==\" rel=\"nofollow\" target=\"_blank\">www.sec.gov<\/a>. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.<\/p>\n<p align=\"justify\">\n        <strong>Contact<\/strong><br \/>\n        <br \/>\n        <strong>Meiwu Technology Company Limited<\/strong><br \/>\n        <br \/>Xinliang Zhang<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nzDJRKRaZkGXtE2w57YZI_0w66-leW_IM8DGoPx1O3NYKPt132fPtrsl6Zx66KC3BImZm2Q4K5kryV1ZPVXq4mlTp2aOUwABiUJYeXm5-xY=\" rel=\"nofollow\" target=\"_blank\">meiwuBS@usmeiwu.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNDAzOSM2NjcxMzU5IzUwMDA4MDMzNg==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MmQ1ODAxZDItODkxNy00ZTUwLWFiZjAtOGYyNTA4MjZlZWNkLTUwMDA4MDMzNg==\/tiny\/Meiwu-Technology-Company-Limit.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shenzhen, China, Dec. 26, 2024 (GLOBE NEWSWIRE) &#8212; Meiwu Technology Company Limited (\u201cWNW\u201d or the \u201cCompany\u201d), (NASDAQ: WNW) announced today announced that it received a formal notification from the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company\u2019s ordinary shares, no par value each (the \u201cOrdinary Shares\u201d) to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company\u2019s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from December 6, 2024, to December 20, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meiwu-technology-company-limited-regains-compliance-with-nasdaq-minimum-closing-bid-price-rule\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-796943","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/meiwu-technology-company-limited-regains-compliance-with-nasdaq-minimum-closing-bid-price-rule\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shenzhen, China, Dec. 26, 2024 (GLOBE NEWSWIRE) &#8212; Meiwu Technology Company Limited (\u201cWNW\u201d or the \u201cCompany\u201d), (NASDAQ: WNW) announced today announced that it received a formal notification from the Nasdaq Stock Market LLC (\u201cNasdaq\u201d) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company\u2019s ordinary shares, no par value each (the \u201cOrdinary Shares\u201d) to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company\u2019s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from December 6, 2024, to December 20, 2024. 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The Nasdaq staff made this determination of compliance after the closing bid price of the Company\u2019s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from December 6, 2024, to December 20, 2024. 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