CN Healthy Food Tech Group Corp. (Nasdaq: UCFI, UCFIW) reported receiving a Nasdaq Determination Letter on July 16, 2026, in which Nasdaq listing qualifications staff determined to delist the company’s securities. According to the company, the decision is based on Nasdaq’s discretionary authority under Rule 5101 and an asserted violation of Listing Rules 5205(e) and 5250(a)(1), following disclosures in a Form 8-K filed on September 30, 2025 about the China Securities Regulatory Commission review process.
The company plans to request a hearing before a Nasdaq hearings panel by the July 23, 2026 deadline. A timely request would stay the suspension of its securities pending the panel’s decision, but the current trading halt will remain. The company cautions there is no assurance of success on appeal or continued Nasdaq listing.