ReTo Regained Compliance with Nasdaq's Minimum Bid Price Requirement

Rhea-AI Summary

ReTo Eco-Solutions (Nasdaq: RETO), a Chinese manufacturer of ecological environment protection and intelligent equipment, has successfully regained compliance with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2), as confirmed by a letter received from Nasdaq dated March 28, 2025.

The company will remain under a Discretionary Panel Monitor for one year from the date of the letter, in accordance with Listing Rule 5815(d)(4)(A).

Positive

• Regained compliance with Nasdaq minimum bid price requirement, avoiding potential delisting

Negative

• Company remains under one-year Discretionary Panel Monitor, indicating continued regulatory oversight

News Market Reaction

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On the day this news was published, RETO declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BEIJING, April 3, 2025 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a manufacturer of ecological environment protection equipment and intelligent equipment in China, today announced that it received a letter, dated March 28, 2025 (the "Letter"), from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that the Nasdaq Hearings Panel has concluded that the Company has regained compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Letter stated that the Company will remain on a Discretionary Panel Monitor, pursuant to Listing Rule 5815(d)(4)(A), for a one-year period from the date of the Letter.

About ReTo Eco-Solutions, Inc.

Founded in 1999, ReTo Eco-Solutions, Inc., through its operating subsidiaries in China, is engaged in the research and development, manufacture and sales of ecological environment protection equipment and intelligent equipment. The Company provides consultation, design, implementation and installation of its equipment and related parts, as well as engineering support and technical advice and services. For more information, please visit: http://en.retoeco.com.

For more information, please contact:

ReTo Eco-Solutions, Inc.
Tel: +86-010-64827328
Email: ir@retoeco.com or 310@reit.cc

 

View original content:https://www.prnewswire.com/news-releases/reto-regained-compliance-with-nasdaqs-minimum-bid-price-requirement-302419458.html

SOURCE ReTo Eco-Solutions, Inc.

FAQ

What does RETO's compliance with Nasdaq minimum bid price mean for investors?

It means RETO has met Nasdaq's listing requirements, reducing the risk of delisting and maintaining its position on the major exchange, which is important for investor accessibility and stock liquidity.

How long will RETO be under Nasdaq's Discretionary Panel Monitor?

RETO will be monitored for one year from March 28, 2025, under Nasdaq's Discretionary Panel Monitor.

What Nasdaq rule did RETO regain compliance with in March 2025?

RETO regained compliance with Nasdaq Listing Rule 5550(a)(2), which pertains to the minimum bid price requirement.

What happens if RETO fails to maintain compliance during the monitoring period?

If RETO fails to maintain compliance during the one-year monitoring period, it could face potential delisting proceedings or additional regulatory scrutiny from Nasdaq.