Wing Yip Food Holdings Group Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

Wing Yip Food Holdings Group (Nasdaq: WYHG) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires ADSs to maintain a minimum bid price of US$1.00 per share.

Rhea-AI Summary

Wing Yip Food Holdings Group (Nasdaq: WYHG) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires ADSs to maintain a minimum bid price of US$1.00 per share. Nasdaq confirmed WYHG’s ADSs closed at or above US$1.00 for 10 consecutive business days from June 2–15, 2026, and the compliance matter is now closed.

Positive

• Nasdaq confirms WYHG regained compliance with Listing Rule 5550(a)(2)
• ADS closing bid at or above US$1.00 for 10 consecutive business days
• Nasdaq compliance matter related to minimum bid price is now closed

Negative

• Previously notified on December 22, 2025 of noncompliance with US$1.00 minimum bid price
• ADS closing bid had been below US$1.00 for 30 consecutive business days before notification

Argus Jun 17 session

-2.20% close to close 3.8x rel. volume Open Argus

Details

News Market Reaction – WYHG

On Jun 17, the first trading day after this news, WYHG closed 2.20% below the previous close. That session’s volume was 3.8x the stock’s average daily volume.

Data tracked by StockTitan Argus for the Jun 17 session.

Key Figures

Nasdaq minimum bid: $1.00 per ADS Deficiency period length: 30 consecutive business days Compliance window: 10 consecutive business days +5 more

Nasdaq minimum bid

$1.00 per ADS

Nasdaq Listing Rule 5550(a)(2) requirement

Deficiency period length

30 consecutive business days

ADSs below $1.00 from Nov 7–Dec 19, 2025

Compliance window

10 consecutive business days

Closing bid ≥$1.00 from Jun 2–15, 2026

Share consolidation ratio

1-for-4

Ordinary shares and ADS consolidation in May–June 2026

Shares outstanding

50,330,928 ordinary shares

As of Dec 31, 2025 per Form 20-F

CFO ownership

1,540,964 Ordinary Shares

Reported on Form 3 for Ye Haobo

CEO ownership

12,932,031 Ordinary Shares

Reported on Form 3 for Wang Tingfeng

10% holder ownership

8,017,647 Ordinary Shares

Reported on Form 3 for Wang Xiantao

Historical Context

1 past event · Latest: Dec 22

1 event

1. Dec 22

   Nasdaq deficiency notice

   24h Move

   -5.6%

   Nasdaq notified WYHG of ADS bid price deficiency below $1.00.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

american depositary shares, minimum bid price, form 6-k, form 3, +2 more

6 terms

american depositary shares financial

"requires the Company’s American Depositary Shares (“ADSs”) to maintain"

American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.

minimum bid price financial

"to maintain a minimum bid price of US$1.00 per share"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

form 6-k regulatory

"[6-K] Wing Yip Food Holdings Group Ltd Current Report (Foreign Issuer)"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

form 3 regulatory

"[Form 3] Wing Yip Food Holdings Group Ltd Initial Statement of Beneficial Ownership"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

form 20-f regulatory

"[20-F] Wing Yip Food Holdings Group Ltd Files Annual Report (Foreign Issuer)"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

share consolidation financial

"implementing a 1-for-4 share consolidation to help meet Nasdaq’s minimum bid"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

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Guangdong, China, June 16, 2026 (GLOBE NEWSWIRE) -- Wing Yip Food Holdings Group Limited (the “Company” or “Wing Yip”) (Nasdaq: WYHG), a meat product processing company in mainland China, today announced that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) on June 16, 2026 that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company’s American Depositary Shares (“ADSs”) to maintain a minimum bid price of US$1.00 per share. As previously disclosed, on December 22, 2025, the Company received a notification from Nasdaq indicating that the closing bid price of the Company’s ADSs had been below US$1.00 per share for the prior 30 consecutive business days and that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2).

Nasdaq Staff has determined that for the last 10 consecutive business days, from June 2, 2026 to June 15, 2026, the closing bid price of the Company’s ADSs has been at US$1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and this matter is now closed.

About Wing Yip Food Holdings Group Limited

Wing Yip Food Holdings Group Limited, is a meat product processing company in mainland China. The Company, through its operating subsidiaries, sells and markets products under its flagship brand, “Wing Yip,” which can trace its history back to 1915, and has also developed the snack product brands, “Jiangwang” and “Kuangke.” The Company’s products are sold through its self-operated stores, distributors, and e-commerce platforms in over 18 provinces across mainland China. The Company offers cured meat products, snack products, and frozen meat products, processing them through its own dedicated production lines. The Company focuses on product development and is committed to improving product quality and expanding product offerings to cater to evolving consumer preferences. The Company’s ordinary shares have been listed on the Korea Securities Dealers Automated Quotations of the Korea Exchange since 2018.

For more information, please visit the Company’s website: http://ir.wingyip-food.com/. Information on the Company’s website does not constitute a part of and is not incorporated by reference into this press release.

Forward-Looking Statements

Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue,” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statements and other filings with the United States Securities and Exchange Commission.

For more information, please contact:

Wing Yip Food Holdings Group Limited
Investor Relations Department
Email: ir@wingyip-food.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Wing Yip Food Holdings Group (WYHG) announce on June 16, 2026 about Nasdaq compliance?

Wing Yip announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2). According to the company, Nasdaq confirmed its ADSs now meet the minimum US$1.00 bid price requirement and the related compliance matter is closed.

What is Nasdaq Listing Rule 5550(a)(2) and how does it apply to WYHG?

Nasdaq Listing Rule 5550(a)(2) requires WYHG’s ADSs to maintain a minimum bid price of US$1.00 per share. According to the company, satisfying this rule is necessary for continued listing on the Nasdaq Capital Market.

How did Wing Yip Food Holdings Group regain compliance with Nasdaq’s minimum bid price rule?

Wing Yip regained compliance after its ADS closing bid price reached at least US$1.00 for 10 straight business days. According to the company, Nasdaq tracked this period from June 2, 2026 through June 15, 2026.

Why was Wing Yip Food Holdings Group previously noncompliant with Nasdaq Listing Rule 5550(a)(2)?

Wing Yip was deemed noncompliant after its ADS closing bid stayed below US$1.00 per share for 30 consecutive business days. According to the company, Nasdaq issued the noncompliance notification on December 22, 2025.

What does closing the Nasdaq compliance matter mean for WYHG shareholders?

Closing the compliance matter means WYHG currently meets Nasdaq’s US$1.00 minimum bid price requirement. According to the company, Nasdaq has confirmed compliance with Rule 5550(a)(2) and no further action on this issue is pending.

Over which dates did WYHG’s ADSs meet Nasdaq’s minimum bid price requirement?

WYHG’s ADSs met the minimum bid price requirement over 10 consecutive business days. According to Nasdaq’s notification, this period ran from June 2, 2026 to June 15, 2026, with closing bids at or above US$1.00.