Hongli Group (Nasdaq: HLP) back in line with $1.00 bid rule

Rhea-AI Filing Summary

Hongli Group Inc. has regained compliance with Nasdaq's minimum bid price requirement for continued listing on the Nasdaq Capital Market. Nasdaq notified the company after its ordinary shares closed at or above $1.00 per share for 12 consecutive business days from September 16, 2025 to October 1, 2025. This closes the earlier deficiency matter that arose when the stock traded below $1.00 for 30 consecutive business days between May 27, 2025 and July 9, 2025. The company also issued a press release titled “Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement,” which is attached as an exhibit.

Insights

Equity markets & listing specialist

Hongli removes immediate Nasdaq delisting risk by fixing a prior bid-price deficiency.

Hongli Group confirms that Nasdaq now considers it in compliance with the $1.00 minimum bid price rule after 12 consecutive trading days at or above that level. This resolves the earlier deficiency triggered when the shares stayed below $1.00 for 30 consecutive business days, which had put its Nasdaq Capital Market listing at risk.

The update means trading can continue on the same market tier without the procedural uncertainty that accompanies an active deficiency notice. While this does not change the company’s operations or financials, it addresses a structural overhang related to potential delisting.

Future implications will depend on whether the share price remains above the minimum threshold beyond the September 16–October 1, 2025 measurement window disclosed here, which would help avoid any renewed deficiency process.

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 October 2025

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 10, 2025, 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 ordinary shares (“Ordinary Shares”) over the 30 consecutive business day period between May 27, 2025 and July 9, 2025, the Company was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share of its Ordinary Shares for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

On October 3, 2025, the Company received a notification letter from Nasdaq, dated October 2, 2025, 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 Ordinary Shares has been trading at $1.00 per share or greater for the last 12 consecutive business days from September 16, 2025 to October 1, 2025. Accordingly, Nasdaq has considered that the Company has regained compliance with the Minimum Bid Price Requirement and this matter is now closed.

On October 6, 2025, the Company published a press release entitled “Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement”, a copy of which is attached herein as Exhibit 99.1.

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release

1

SIGNATURES

Pursuant to the requirements of the Securities and 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: October 7, 2025	By:	/s/ Jie Liu
		Jie Liu
		Chief Executive Officer

2

FAQ

What did Hongli Group Inc. (HLP) announce in this Form 6-K?

Hongli Group Inc. reported that Nasdaq has notified the company it has regained compliance with the Nasdaq Capital Market minimum bid price requirement for its ordinary shares.

Why was Hongli Group Inc. previously out of compliance with Nasdaq rules?

The company fell out of compliance because the closing bid price of its ordinary shares was below $1.00 per share for 30 consecutive business days between May 27, 2025 and July 9, 2025, violating Nasdaq Listing Rule 5550(a)(2).

How did Hongli Group Inc. regain compliance with the Nasdaq minimum bid price rule?

Nasdaq determined the company regained compliance after the closing bid price of its ordinary shares traded at or above $1.00 per share for 12 consecutive business days from September 16, 2025 to October 1, 2025.

What does Nasdaq’s determination mean for Hongli Group Inc.’s listing status?

Nasdaq has stated that the company is now in compliance with the Minimum Bid Price Requirement and that the deficiency matter is closed, allowing continued listing on the Nasdaq Capital Market under that rule.

Did Hongli Group Inc. issue a press release about the Nasdaq compliance update?

Yes. On October 6, 2025, Hongli Group Inc. issued a press release titled “Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement”, which is attached as Exhibit 99.1.

Which Nasdaq rule applies to Hongli Group Inc.’s minimum bid price requirement?

The company’s ordinary shares are subject to Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for continued listing on the Nasdaq Capital Market.