Enlightify Inc. Notifies New York Stock Exchange of Intent to Cure Price Deficiency
Enlightify (NYSE:ENFY) has received notification from the NYSE regarding non-compliance with the exchange's minimum share price requirement, as the company's stock has traded below $1.00 for a 30-trading-day average.
The company has acknowledged the deficiency and has six months to regain compliance with NYSE listing standards. During this period, ENFY's stock will continue trading on the NYSE, subject to other listing requirements. The notification does not impact business operations, SEC reporting obligations, or trigger any defaults under existing agreements.
Enlightify (NYSE:ENFY) ha ricevuto una comunicazione dalla NYSE per non conformità al requisito minimo del prezzo delle azioni, poiché il titolo ha registrato una media su 30 giorni di contrattazione inferiore a $1,00.
L'azienda ha riconosciuto la carenza e dispone di sei mesi per tornare conforme agli standard di quotazione della NYSE. Nel frattempo le azioni ENFY continueranno a negoziare sulla NYSE, salvo il rispetto di altri requisiti di quotazione. La notifica non incide sulle operazioni commerciali, sugli obblighi di rendicontazione alla SEC né determina inadempienze ai sensi degli accordi esistenti.
Enlightify (NYSE:ENFY) ha recibido una notificación de la NYSE por incumplimiento del requisito mínimo de precio de la acción, ya que el valor de la compañía promedió por debajo de $1.00 en un periodo de 30 días hábiles.
La compañía reconoció la deficiencia y cuenta con seis meses para recuperar el cumplimiento de las normas de cotización de la NYSE. Durante este plazo, las acciones de ENFY seguirán cotizando en la NYSE, sujetas a otros requisitos de listado. La notificación no afecta las operaciones comerciales, las obligaciones de reporte ante la SEC ni provoca incumplimientos en los acuerdos vigentes.
Enlightify (NYSE:ENFY)는 주가가 30거래일 평균 $1.00 미만으로 거래되어 NYSE의 최저 주가 요건을 위반했다는 내용의 통지를 NYSE로부터 받았습니다.
회사는 해당 결함을 인정했으며 NYSE 상장 기준을 회복하기 위해 6개월의 기한을 부여받았습니다. 이 기간 동안 ENFY 주식은 다른 상장 요건을 충족하는 한 계속해서 NYSE에서 거래됩니다. 이 통지는 영업 활동, SEC에 대한 보고 의무 또는 기존 계약상의 채무불이행을 초래하지 않습니다.
Enlightify (NYSE:ENFY) a reçu une notification de la NYSE pour non‑respect de l'exigence minimale de cours de l'action, le titre ayant été négocié en dessous de 1,00 $ en moyenne sur 30 jours de cotation.
La société a reconnu cette insuffisance et dispose de six mois pour retrouver la conformité aux normes de cotation de la NYSE. Pendant cette période, les actions ENFY continueront d'être négociées sur la NYSE, sous réserve des autres exigences de cotation. Cette notification n'affecte pas les activités commerciales, les obligations de reporting auprès de la SEC, ni ne déclenche de défaillances au titre des accords existants.
Enlightify (NYSE:ENFY) hat von der NYSE eine Mitteilung über die Nichterfüllung der Mindestaktienkursanforderung erhalten, da der Aktienkurs des Unternehmens über einen 30‑Handelstage‑Durchschnitt unter $1,00 gehandelt wurde.
Das Unternehmen hat den Mangel anerkannt und hat sechs Monate, um die Einhaltung der NYSE‑Listungsstandards wiederherzustellen. Während dieses Zeitraums wird ENFY weiterhin an der NYSE gehandelt, vorbehaltlich anderer Listungsanforderungen. Die Mitteilung wirkt sich nicht auf die Geschäftstätigkeit, die Berichtspflichten gegenüber der SEC aus und führt nicht zu Vertragsverletzungen bestehender Vereinbarungen.
- Company maintains NYSE listing during cure period
- No impact on business operations or debt agreements
- Six-month window (with possible extension) to address the issue
- Stock trading below $1.00 minimum requirement
- Risk of potential NYSE delisting if compliance not achieved
- Indication of significant share price deterioration
XI’AN, CHINA, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”) has notified the New York Stock Exchange (“NYSE”) that it intends to cure the price deficiency that resulted from the fact that the 30-trading-day average closing price per share of the Company’s common stock was below
Under NYSE rules, the Company has six months (subject to possible extension) to regain compliance with this continued listing standard and avoid delisting.
The Company’s common stock continues to be listed and traded on the NYSE, subject to the Company’s compliance with other NYSE continued listing requirements. The NYSE notification does not affect the Company’s business operations or its Securities and Exchange Commission reporting obligations. The NYSE notification does not conflict with or cause an event of default under any of the Company’s material debt arrangements or other agreements.
About Enlightify Inc.
The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”) and variable interest entities. In 2023, the Company started to purchase digital asset mining machines and established Antaeus Tech Inc. (“Antaeus”) in the State of Delaware and mined digital assets bitcoins in the State of Texas.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the Company’s business, products and financial results. The Company’s actual results may differ materially from those anticipated in the forward-looking statements depending on a number of risk factors including, but not limited to, the following: general economic, business and environment conditions; development, shipment, market acceptance, additional competition from existing and new competitors; interest rate and currency exchange rate fluctuations; the impact of the recent global outbreak of novel coronavirus disease (COVID-19); technological advances, new products attained by competitors; challenges inherent in new product development; the Company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of economies and sovereign risk; dependence on the effectiveness of the Company’s protections for innovative products; the exposure to litigation and/or regulatory actions, and various other factors beyond the Company’s control. All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company’s reports filed with the SEC. Enlightify undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law or regulations.
For more information, please contact:
Enlightify Inc.
Tel: +86-29-88266383
Email: info@cgagri.com
SOURCE Enlightify Inc.
FAQ
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