Welcome to our dedicated page for HONGLI GROUP news (Ticker: HLP), a resource for investors and traders seeking the latest updates and insights on HONGLI GROUP stock.
Hongli Group Inc. (Nasdaq: HLP) is a Cayman Islands holding company that consolidates the financial results of Shandong Hongli Special Section Tube Co., Ltd. and its subsidiaries, a China-based manufacturer of cold roll formed steel profiles. The company’s news flow reflects its role in the iron and steel mills and ferroalloy manufacturing industry and its status as a foreign private issuer listed on The Nasdaq Capital Market.
On this page, readers can follow HLP news related to its manufacturing operations, capital markets activity and regulatory disclosures. Company press releases have highlighted its initial public offering of ordinary shares on Nasdaq, the exercise of the underwriter’s over-allotment option, and its description of the Hongli Operating Group as one of the leading cold roll formed steel profile manufacturers with operating subsidiaries in China and a global customer network.
News items also cover Nasdaq listing compliance developments. Hongli has reported receiving a deficiency letter from Nasdaq’s Listing Qualifications Department regarding the minimum bid price requirement for continued listing, along with the compliance period and potential remedies described in Nasdaq rules. Subsequent announcements and a Form 6-K filing disclosed that Nasdaq later notified the company it had regained compliance with the minimum bid price requirement after its ordinary shares traded at or above the required level for a specified period.
Investors and observers can use this news feed to review company-issued updates on public offerings, registration statements, board and governance changes reported via Form 6-K, and other material events that Hongli chooses to announce. By reading these items in sequence, users gain context on how Hongli Group Inc. communicates about its steel profile manufacturing business, its capital markets transactions and its ongoing interaction with Nasdaq listing standards.
Hongli Group (Nasdaq: HLP) announced that Nasdaq notified the company on October 2, 2025 that HLP has regained compliance with the Nasdaq minimum bid price requirement of $1.00 per share.
Nasdaq determined compliance after the closing bid price traded at $1.00 or greater for 12 consecutive business days from September 16, 2025 to October 1, 2025. The company had previously received a deficiency notice dated July 10, 2025 based on closing prices from May 27, 2025 to July 9, 2025 and was given a compliance period through January 6, 2026.
Hongli Group (NASDAQ:HLP) has received a deficiency notice from Nasdaq due to non-compliance with the minimum bid price requirement. The company's stock has traded below $1.00 per share for 30 consecutive business days between May 27 and July 9, 2025.
HLP has been granted a 180-day compliance period until January 6, 2026, to regain compliance by maintaining a closing bid price of $1.00 or higher for at least 10 consecutive business days. If unsuccessful, the company may be eligible for an additional 180-day period, provided it meets other Nasdaq Capital Market listing requirements. Options for compliance include implementing a reverse stock split.
Summary not available.
Hongli Group Inc. (NASDAQ: HLP) has successfully closed its initial public offering (IPO) of 2,062,500 ordinary shares at a price of $4.00 per share, raising total gross proceeds of $8.25 million. The IPO was conducted on a firm commitment basis, with an underwriter option to purchase an additional 309,375 shares. Trading of the shares began on March 29, 2023. Hongli operates as a holding company and consolidates the financial results of its subsidiary, Shandong Hongli Special Section Tube Co., Ltd., a leading manufacturer of cold roll formed steel profiles in China, serving multiple sectors.
Hongli Group Inc. (NASDAQ: HLP) has priced its initial public offering (IPO) at $4.00 per share, raising $8.25 million in total gross proceeds. The offering consists of 2,062,500 ordinary shares and will close on or about March 31, 2023. The company consolidates results from its subsidiary, Shandong Hongli Special Section Tube Co., Ltd., a leader in cold-rolled steel manufacturing in China. Proceeds from the IPO will support bank loan repayments, asset acquisitions, R&D, and hiring of compliance personnel. The shares are set to trade on the Nasdaq Capital Market starting March 29, 2023.
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