Viomi Technology Co., Ltd Granted Exception by Nasdaq Staff Regarding Form 20-F Filing
Rhea-AI Summary
Viomi Technology (NASDAQ:VIOT), a Chinese home water solutions technology company, has received an exception from Nasdaq regarding its delayed Form 20-F filing for fiscal year 2024. The company was initially notified of non-compliance with Nasdaq's Listing Rule 5250(c)(1) on May 21, 2025.
Following a review of materials submitted by Viomi on July 2, 2025, Nasdaq has granted the company until November 11, 2025 to file its Form 20-F and regain compliance. Failure to meet this deadline could result in a delisting notification, though Viomi would retain the right to appeal to a Hearings Panel.
Positive
- Nasdaq granted exception for delayed filing compliance
- Company retains right to appeal in case of potential delisting notification
Negative
- Company failed to file Form 20-F on time
- Risk of delisting if November 11, 2025 deadline is not met
- Current non-compliance with Nasdaq listing requirements
News Market Reaction
On the day this news was published, VIOT gained 3.33%, reflecting a moderate positive market reaction. Argus tracked a peak move of +3.5% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $7M to the company's valuation, bringing the market cap to $224M at that time.
Data tracked by StockTitan Argus on the day of publication.
GUANGZHOU, China, July 30, 2025 (GLOBE NEWSWIRE) -- Viomi Technology Co., Ltd (“Viomi” or the “Company”) (NASDAQ: VIOT), a leading technology company for home water solutions in China, today announced that it has been granted an exception by the Nasdaq Staff regarding the filing of its Form 20-F for the year ended December 31, 2024.
On May 21, 2025, Nasdaq Staff notified the Company of its non-compliance with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1) (the “Rule”) because the Company had not filed its Form 20-F for the year ended December 31, 2024. However, following the further review and the materials submitted by the Company on July 2, 2025, Nasdaq Staff has determined to grant an exception to enable the Company to regain compliance with the Rule.
The terms of the exception require the Company to file its Form 20-F for the year ended December 31, 2024 on or before November 11, 2025, as required by the Rule. In the event that the Company does not satisfy the terms, Nasdaq Staff will issue written notification regarding the potential delisting of the Company’s securities. At such time, the Company retains the right to appeal Nasdaq Staff’s determination to a Hearings Panel.
Viomi is working to file its Form 20-F and regain compliance with the Rule on or before November 11, 2025.
About Viomi Technology
Viomi’s mission is “AI for Better Water,” utilizing AI technology to provide better drinking water solutions for households worldwide.
As an industry-leading technology company in home water systems, Viomi has developed a distinctive “Equipment + Consumables” business model. By leveraging its expertise in AI technology, intelligent hardware and software development, the Company simplifies filter replacement and enhances water quality monitoring, thereby increasing the filter replacement rate. Its continuous technological innovations extend filter lifespan and lower user costs, promoting the adoption of water purifiers and supporting a healthy lifestyle while effectively addressing the rising global demand for cleaner, fresher and healthier drinking water. The Company operates a world-leading “Water Purifier Gigafactory” with an integrated industrial chain that boasts optimal efficiency and facilitates continuous breakthroughs in water purification. This state-of-the-art facility enables Viomi to achieve economies of scale and accelerate the global popularization of residential water filtration.
For more information, please visit: ir.viomi.com.
For investor and media inquiries, please contact:
In China:
Viomi Technology Co., Ltd
Claire Ji
E-mail: ir@viomi.com.cn
Piacente Financial Communication
Hui Fan
Tel: +86-10-6508-0677
E-mail: viomi@tpg-ir.com
In the United States:
Piacente Financial Communication
Brandi Piacente
Tel: +1-212-481-2050
E-mail: viomi@tpg-ir.com
FAQ
What is the deadline for Viomi Technology (VIOT) to file its Form 20-F?
Why is Viomi Technology (VIOT) at risk of being delisted from Nasdaq?
What happens if Viomi Technology (VIOT) fails to meet the November 2025 filing deadline?
When did Nasdaq notify Viomi Technology (VIOT) about its non-compliance?
