BON Announces Reciept of Nasdaq Compliance Letter

Rhea-AI Summary

Bon Natural Life (Nasdaq: BON), a bio-ingredient solutions provider for natural health and personal care industries, has received confirmation of compliance with Nasdaq's listing requirements. The company has successfully regained compliance with Listing Rule 5550(a)(2), known as the Bid Price Rule, as confirmed by the Nasdaq Hearings Panel on July 11, 2025.

Following this development, on July 29, 2025, Nasdaq officially closed the matter. However, BON will remain under a one-year Discretionary Panel Monitor to ensure continued compliance.

Positive

• Regained compliance with Nasdaq listing requirements
• Matter officially closed by Nasdaq
• Maintains Nasdaq listing status

Negative

• Company will be subject to one-year Discretionary Panel Monitor

News Market Reaction

-2.26%

1 alert

-2.26% News Effect

-$125K Valuation Impact

$5M Market Cap

0.0x Rel. Volume

On the day this news was published, BON declined 2.26%, reflecting a moderate negative market reaction. This price movement removed approximately $125K from the company's valuation, bringing the market cap to $5M at that time.

Data tracked by StockTitan Argus on the day of publication.

XI'AN, China, Aug. 5, 2025 /PRNewswire/ -- Bon Natural Life Limited (Nasdaq: BON) ("BON" or "the Company"), a leading provider of bio-ingredient solutions for the natural health and personal care industries, today announced reciept of compliance notification from the Nasdaq Stock Market LLC.

As previously reported on a Form 6-K filed with the U.S. Securities and Exchange Commission on July 11, 2025, Bon Natural Life Limited ( "the Company") received notification from the Nasdaq Hearings Panel (the "Panel") that the Company had regained compliance with Listing Rule 5550(a)(2) (the "Bid Price Rule"). The Panel also advised the Company that it will be subject to a one-year Discretionary Panel Monitor.

On July 29, 2025, the Company received notification from The Nasdaq Stock Market LLC confirming the Panel's decision and stating that the matter is now closed.

About Bon Natural Life Limited ("BON")
BON is a Cayman Islands company engaged in the business of natural, health, and personal care industries. For more information, please visit http://www.bnlus.com.

For more information, please contact:
Cindy Liu | IR  
Email: bonnatural@appchem.cn 

Safe Harbor Statement
This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes,""expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov).  All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/bon-announces-reciept-of-nasdaq-compliance-letter-302521595.html

SOURCE Bon Natural Life Limited

FAQ

What did Bon Natural Life (BON) announce regarding Nasdaq compliance in August 2025?

BON announced receiving confirmation that it has regained compliance with Nasdaq's Listing Rule 5550(a)(2) (Bid Price Rule) and the matter has been officially closed as of July 29, 2025.

What is the Nasdaq Bid Price Rule that BON had to comply with?

The Bid Price Rule (Listing Rule 5550(a)(2)) is a Nasdaq requirement that companies maintain a minimum bid price for their shares to remain listed on the exchange.

Will BON face any additional monitoring after regaining Nasdaq compliance?

Yes, BON will be subject to a one-year Discretionary Panel Monitor by Nasdaq to ensure continued compliance.

When did BON initially report regaining Nasdaq compliance?

BON initially reported regaining compliance through a Form 6-K filed with the SEC on July 11, 2025.