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Hongli Group Inc. (HLP) regains Nasdaq minimum bid price compliance

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Hongli Group Inc. reports that Nasdaq has confirmed the company regained compliance with the $1.00 per share Minimum Bid Price Requirement for continued listing on The Nasdaq Capital Market. Nasdaq determined compliance after the company’s Class A ordinary shares closed at or above $1.00 for 10 consecutive business days from July 24, 2026 to August 6, 2026, and the matter is now closed. Earlier, a July 2, 2026 deficiency notice had cited a 30-day period between May 19 and July 1, 2026 when the bid price was below $1.00 per share.

The company is a Cayman Islands holding entity that consolidates the results of Shandong Hongli Special Section Tube Co., Ltd. and its subsidiaries, which manufacture cold roll formed steel profiles for sectors including mining, construction, agriculture and transportation. The operating group has over 25 years of history, serves customers in more than 30 cities in China, maintains a global network including South Korea, Japan and the United States, and currently runs 11 cold roll forming production lines.

Positive

  • Regained Nasdaq minimum bid price compliance after shares closed at or above $1.00 for 10 consecutive business days, closing the prior deficiency matter and supporting continued listing on The Nasdaq Capital Market.

Negative

  • None.

Filing Explained

The report is incorporated into Hongli’s F-3 and S-8 registration statements, while its attached release is not automatically incorporated.

As a Form 6-K, this report furnishes Hongli Group’s interim Nasdaq information; the bid-price matter is closed, and the report is incorporated by reference into the company’s Form F-3 and Form S-8 registration statements and related prospectuses, subject to later superseding filings.

That incorporation does not automatically extend to Exhibit 99.1: the attached press release is not deemed filed for Exchange Act purposes and is not incorporated into Securities Act filings unless expressly and specifically referenced.

Nasdaq minimum bid price $1.00 per share Minimum Bid Price Requirement for continued listing on The Nasdaq Capital Market
Compliance confirmation period 10 consecutive business days Closing bid at or above $1.00 from July 24, 2026 to August 6, 2026
Prior deficiency measurement period 30 consecutive business days Bid price below $1.00 between May 19, 2026 and July 1, 2026
Operating history Over 25 years Hongli Operating Group’s history in cold roll formed steel profiles
Chinese cities served More than 30 Number of major cities in China with Hongli customers
Cold roll forming production lines 11 Number of production lines operated by Hongli Operating Group
Minimum Bid Price Requirement regulatory
"has regained compliance with the Minimum Bid Price Requirement"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Nasdaq Listing Rule 5550(a)(2) regulatory
"as set forth in Nasdaq Listing Rule 5550(a)(2)"
foreign private issuer regulatory
"Report of foreign private issuer on Form 6-K is hereby incorporated"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
continued listing standards regulatory
"the Company’s ability to comply with Nasdaq continued listing standards"
Ongoing rules a stock exchange requires a listed company to meet to keep its shares trading publicly, such as minimum share price, market value, timely financial reports, and governance practices. Think of it as a membership checklist for a club: falling short can lead to warnings or removal from the exchange, which can sharply reduce liquidity, investor confidence, and a stock’s value. Investors watch these standards to gauge regulatory risk and the stability of their holdings.
forward-looking statements regulatory
"Forward-looking statements include statements concerning plans, objectives, goals"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

What did Hongli Group Inc. (HLP) announce regarding Nasdaq bid price compliance?

Hongli Group Inc. announced that Nasdaq confirmed it has regained compliance with the $1.00 per share Minimum Bid Price Requirement after its Class A ordinary shares traded at or above that level for 10 consecutive business days.

Why was Hongli Group Inc. (HLP) previously non-compliant with Nasdaq rules?

The company received a deficiency letter on July 2, 2026 because its Class A ordinary shares closed below $1.00 per share over a 30 consecutive business day period from May 19, 2026 to July 1, 2026.

Over what period did Hongli Group Inc. (HLP) meet the $1.00 bid price to regain compliance?

Nasdaq determined Hongli met the rule after the closing bid price of its Class A ordinary shares was at $1.00 per share or greater for 10 consecutive business days from July 24, 2026 to August 6, 2026.

Does the Nasdaq bid price matter involving Hongli Group Inc. (HLP) remain open?

No. Nasdaq stated that Hongli Group Inc. has regained compliance with the Minimum Bid Price Requirement and that this matter is now closed, supporting the continued listing of its Class A ordinary shares.

What business does Hongli Group Inc. (HLP) operate in?

Hongli Group Inc., through the Hongli Operating Group in China, is a cold roll formed steel profile manufacturer serving mining, construction, agriculture and transportation sectors, with 11 production lines and customers in more than 30 Chinese cities plus a global network.

How is Hongli Group Inc. (HLP) structured as a company?

Hongli Group Inc. is a Cayman Islands holding company that consolidates the financial results of Shandong Hongli Special Section Tube Co., Ltd. and its subsidiaries through contractual arrangements, collectively referred to as the Hongli Operating Group.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

Hongli Group Inc.

(Exact name of registrant as specified in its charter)

 

No. 777, Daiyi Road,

Changle County, Weifang City,

Shandong Province, China, 262400

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒        Form 40-F ☐

 

 

 

 

 

 

Nasdaq Bid Price Compliance

 

As previously reported by Hongli Group Inc. (Nasdaq: HLP) (the “Company”), on July 2, 2026, the Company received a deficiency letter (the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”). The Notice informed the Company that, based upon the closing bid price of the Company’s Class A ordinary shares (“Class A Ordinary Shares”) over the 30 consecutive business day period between May 19, 2026 and July 1, 2026, the Company was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

 

On August 7, 2026, the Company received a notification letter from Nasdaq, dated August 7, 2026, stating that the Company has regained compliance with the Minimum Bid Price Requirement. Nasdaq made this determination of compliance after the closing bid price of the Class A Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from July 24, 2026 to August 6, 2026. Accordingly, Nasdaq has considered that the Company has regained compliance with the Minimum Bid Price Requirement and this matter is now closed.

 

On August 12, 2026, the Company issued a press release entitled “Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement”, a copy of which is attached hereto as Exhibit 99.1.

 

Incorporation by Reference

 

This report of foreign private issuer on Form 6-K is hereby incorporated by reference into (i) the registration statement on Form F-3 of the Company (File Number 333-289457), as amended, and (ii) the registration statement on Form S-8 of the Company (File Number 333-278321), as amended, and into the prospectus outstanding under the foregoing registration statements, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. The information in the attached Exhibit 99.1 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

1

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release dated August 12, 2026

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  HONGLI GROUP INC.
     
Date: August 12, 2026 By: /s/ Jie Liu
    Jie Liu
    Chief Executive Officer

 

 

3

 

 

Exhibit 99.1

 

Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement

 

WEIFANG, China, August 12, 2026 /PRNewswire/ -- Hongli Group Inc. (the “Company”) (Nasdaq: HLP), a cold roll formed steel profile manufacturer, today announced that on August 7, 2026, it received a notification letter from Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), dated August 7, 2026, stating that the Company has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Nasdaq made this determination of compliance after the closing bid price of the Company’s Class A ordinary shares (“Class A Ordinary Shares”) has been at $1.00 per share or greater for the last 10 consecutive business days from July 24, 2026 to August 6, 2026. Accordingly, Nasdaq has considered that the Company has regained compliance with the Minimum Bid Price Requirement and this matter is now closed.

 

As the Company previously announced, on July 2, 2026, the Company received a deficiency letter (the “Notice”) from the Staff. The Notice informed the Company that, based upon the closing bid price of the Class A Ordinary Shares over the 30 consecutive business day period between May 19, 2026 and July 1, 2026, the Company was not in compliance with the Minimum Bid Price Requirement. The Notice had no immediate effect on the continued listing status of the Class A Ordinary Shares on The Nasdaq Capital Market.

 

About Hongli Group Inc.

 

Hongli Group Inc. is a Cayman Islands holding company, and through a series of contractual arrangements, consolidates the financial results of Shandong Hongli Special Section Tube Co., Ltd. and its subsidiaries (collectively, “Hongli Operating Group”). Hongli Operating Group is a cold roll formed steel profile manufacturer with operating subsidiaries in China. Hongli Operating Group designs, customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation. The Hongli Operating Group, with over 25 years of operating history, has developed customers in more than 30 major cities in China as well as a global network including South Korea, Japan and the United States. Hongli Operating Group currently has 11 cold roll forming production lines and produces a variety of distinct profile products in a broad range of materials, sizes and shapes.

 

Forward-Looking Statements

 

Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” “continue” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, import and export restrictions, fluctuations in general economic and business conditions, the Company’s ability to comply with Nasdaq continued listing standards and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

For more information, please contact:

 

Hongli Group Inc.

 

Mr. Jie Liu

Email: zjf@hongli-profile.com

Tel: +86 0536-2180886

 

 

Filing Exhibits & Attachments

1 document