STOCK TITAN

[8-K] Wetouch Technology Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Wetouch Technology (Nasdaq: WETH) filed a Form 8-K reporting two material developments.

  • Nasdaq compliance: Nasdaq accepted the company’s plan to cure late filings and granted an exception until October 13, 2025 to submit its FY 2024 10-K and Q1–Q2 2025 10-Qs.
  • Auditor change: The board dismissed Enrome LLP as independent auditor effective June 27, 2025; no adverse opinions or disagreements were noted and a confirming letter will be filed.

The extension averts immediate delisting, yet WETH remains out of compliance and now lacks an auditor, increasing execution risk ahead of the new deadline.

Wetouch Technology (Nasdaq: WETH) ha presentato un modulo 8-K segnalando due sviluppi significativi.

  • Conformità Nasdaq: Nasdaq ha accettato il piano della società per risolvere i ritardi nelle presentazioni e ha concesso un'eccezione fino al 13 ottobre 2025 per presentare il 10-K relativo all'anno fiscale 2024 e i 10-Q del primo e secondo trimestre 2025.
  • Cambio di revisore: Il consiglio ha revocato la nomina di Enrome LLP come revisore indipendente con effetto dal 27 giugno 2025; non sono state riscontrate opinioni negative o disaccordi e verrà presentata una lettera di conferma.

Questa proroga evita la cancellazione immediata dalla quotazione, tuttavia WETH rimane non conforme e ora è priva di un revisore, aumentando il rischio operativo in vista della nuova scadenza.

Wetouch Technology (Nasdaq: WETH) presentó un Formulario 8-K reportando dos hechos relevantes.

  • Cumplimiento con Nasdaq: Nasdaq aceptó el plan de la empresa para corregir las presentaciones tardías y otorgó una excepción hasta el 13 de octubre de 2025 para presentar el 10-K del año fiscal 2024 y los 10-Q del primer y segundo trimestre de 2025.
  • Cambio de auditor: La junta despidió a Enrome LLP como auditor independiente con efecto a partir del 27 de junio de 2025; no se observaron opiniones adversas ni desacuerdos y se presentará una carta de confirmación.

La prórroga evita una exclusión inmediata, pero WETH sigue incumpliendo y ahora carece de auditor, lo que aumenta el riesgo operativo antes de la nueva fecha límite.

Wetouch Technology (나스닥: WETH)는 두 가지 중요한 사안을 보고하는 8-K 양식을 제출했습니다.

  • 나스닥 규정 준수: 나스닥은 회사의 지연 제출 해결 계획을 승인하고 2025년 10월 13일까지 2024 회계연도 10-K 및 2025년 1분기~2분기 10-Q를 제출할 수 있는 예외를 허용했습니다.
  • 감사인 변경: 이사회는 2025년 6월 27일부로 Enrome LLP를 독립 감사인에서 해임했습니다; 부정적 의견이나 이견은 없었으며 확인 서한이 제출될 예정입니다.

이번 연장은 즉각적인 상장폐지를 피하게 했지만, WETH는 여전히 규정을 준수하지 못하고 있으며 현재 감사인이 없어 새로운 기한을 앞두고 실행 리스크가 증가하고 있습니다.

Wetouch Technology (Nasdaq : WETH) a déposé un formulaire 8-K rapportant deux développements importants.

  • Conformité Nasdaq : Nasdaq a accepté le plan de la société pour régulariser les dépôts tardifs et a accordé une dérogation jusqu'au 13 octobre 2025 pour soumettre le 10-K de l'exercice 2024 ainsi que les 10-Q du premier et deuxième trimestre 2025.
  • Changement d'auditeur : Le conseil d'administration a révoqué Enrome LLP en tant qu'auditeur indépendant à compter du 27 juin 2025 ; aucune opinion défavorable ni désaccord n'ont été signalés, et une lettre de confirmation sera déposée.

Cette extension évite une radiation immédiate, mais WETH reste en non-conformité et se retrouve désormais sans auditeur, ce qui augmente le risque d'exécution avant la nouvelle échéance.

Wetouch Technology (Nasdaq: WETH) hat ein Formular 8-K eingereicht, in dem zwei wesentliche Entwicklungen gemeldet werden.

  • Nasdaq-Compliance: Nasdaq hat den Plan des Unternehmens zur Behebung verspäteter Einreichungen akzeptiert und eine Ausnahme bis zum 13. Oktober 2025 gewährt, um den Jahresbericht 10-K für das Geschäftsjahr 2024 sowie die Quartalsberichte 10-Q für Q1–Q2 2025 einzureichen.
  • Wechsel des Abschlussprüfers: Der Vorstand hat Enrome LLP mit Wirkung zum 27. Juni 2025 als unabhängigen Prüfer entlassen; es wurden keine negativen Meinungen oder Meinungsverschiedenheiten festgestellt, und ein Bestätigungsschreiben wird eingereicht.

Die Verlängerung verhindert eine sofortige Delistung, jedoch bleibt WETH weiterhin nicht konform und ist nun ohne Prüfer, was das Ausführungsrisiko vor der neuen Frist erhöht.

Positive
  • Nasdaq accepted the company’s remediation plan and granted a compliance extension until October 13, 2025, preventing immediate delisting.
Negative
  • WETH remains non-compliant with SEC filing requirements and faces delisting if it misses the October 2025 deadline.
  • Dismissal of Enrome LLP leaves the company without an independent auditor, potentially delaying required 10-K and 10-Q filings.

Insights

TL;DR: Extension buys time, but auditor exit raises delisting risk

Nasdaq’s waiver removes short-term suspension pressure, yet the simultaneous loss of Enrome compounds uncertainty. Without an auditor, completing backlogged reports in under four months appears challenging, heightening the probability of another compliance breach or restatement. Investors should monitor the prompt appointment of a PCAOB-registered firm and the pace of audit fieldwork; delays could trigger trading halts or impair capital access.

TL;DR: Governance neutral; process followed, outcome unclear

The board’s Audit Committee properly approved the dismissal and disclosed the absence of disagreements, suggesting procedural compliance. However, replacing an auditor after just 13 months, before any reports were issued, can signal internal control or record-keeping challenges. Timely selection of a new firm and transparent communication will determine whether confidence is restored or further eroded.

Wetouch Technology (Nasdaq: WETH) ha presentato un modulo 8-K segnalando due sviluppi significativi.

  • Conformità Nasdaq: Nasdaq ha accettato il piano della società per risolvere i ritardi nelle presentazioni e ha concesso un'eccezione fino al 13 ottobre 2025 per presentare il 10-K relativo all'anno fiscale 2024 e i 10-Q del primo e secondo trimestre 2025.
  • Cambio di revisore: Il consiglio ha revocato la nomina di Enrome LLP come revisore indipendente con effetto dal 27 giugno 2025; non sono state riscontrate opinioni negative o disaccordi e verrà presentata una lettera di conferma.

Questa proroga evita la cancellazione immediata dalla quotazione, tuttavia WETH rimane non conforme e ora è priva di un revisore, aumentando il rischio operativo in vista della nuova scadenza.

Wetouch Technology (Nasdaq: WETH) presentó un Formulario 8-K reportando dos hechos relevantes.

  • Cumplimiento con Nasdaq: Nasdaq aceptó el plan de la empresa para corregir las presentaciones tardías y otorgó una excepción hasta el 13 de octubre de 2025 para presentar el 10-K del año fiscal 2024 y los 10-Q del primer y segundo trimestre de 2025.
  • Cambio de auditor: La junta despidió a Enrome LLP como auditor independiente con efecto a partir del 27 de junio de 2025; no se observaron opiniones adversas ni desacuerdos y se presentará una carta de confirmación.

La prórroga evita una exclusión inmediata, pero WETH sigue incumpliendo y ahora carece de auditor, lo que aumenta el riesgo operativo antes de la nueva fecha límite.

Wetouch Technology (나스닥: WETH)는 두 가지 중요한 사안을 보고하는 8-K 양식을 제출했습니다.

  • 나스닥 규정 준수: 나스닥은 회사의 지연 제출 해결 계획을 승인하고 2025년 10월 13일까지 2024 회계연도 10-K 및 2025년 1분기~2분기 10-Q를 제출할 수 있는 예외를 허용했습니다.
  • 감사인 변경: 이사회는 2025년 6월 27일부로 Enrome LLP를 독립 감사인에서 해임했습니다; 부정적 의견이나 이견은 없었으며 확인 서한이 제출될 예정입니다.

이번 연장은 즉각적인 상장폐지를 피하게 했지만, WETH는 여전히 규정을 준수하지 못하고 있으며 현재 감사인이 없어 새로운 기한을 앞두고 실행 리스크가 증가하고 있습니다.

Wetouch Technology (Nasdaq : WETH) a déposé un formulaire 8-K rapportant deux développements importants.

  • Conformité Nasdaq : Nasdaq a accepté le plan de la société pour régulariser les dépôts tardifs et a accordé une dérogation jusqu'au 13 octobre 2025 pour soumettre le 10-K de l'exercice 2024 ainsi que les 10-Q du premier et deuxième trimestre 2025.
  • Changement d'auditeur : Le conseil d'administration a révoqué Enrome LLP en tant qu'auditeur indépendant à compter du 27 juin 2025 ; aucune opinion défavorable ni désaccord n'ont été signalés, et une lettre de confirmation sera déposée.

Cette extension évite une radiation immédiate, mais WETH reste en non-conformité et se retrouve désormais sans auditeur, ce qui augmente le risque d'exécution avant la nouvelle échéance.

Wetouch Technology (Nasdaq: WETH) hat ein Formular 8-K eingereicht, in dem zwei wesentliche Entwicklungen gemeldet werden.

  • Nasdaq-Compliance: Nasdaq hat den Plan des Unternehmens zur Behebung verspäteter Einreichungen akzeptiert und eine Ausnahme bis zum 13. Oktober 2025 gewährt, um den Jahresbericht 10-K für das Geschäftsjahr 2024 sowie die Quartalsberichte 10-Q für Q1–Q2 2025 einzureichen.
  • Wechsel des Abschlussprüfers: Der Vorstand hat Enrome LLP mit Wirkung zum 27. Juni 2025 als unabhängigen Prüfer entlassen; es wurden keine negativen Meinungen oder Meinungsverschiedenheiten festgestellt, und ein Bestätigungsschreiben wird eingereicht.

Die Verlängerung verhindert eine sofortige Delistung, jedoch bleibt WETH weiterhin nicht konform und ist nun ohne Prüfer, was das Ausführungsrisiko vor der neuen Frist erhöht.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 26, 2025

 

WETOUCH TECHNOLOGY INC.

(Exact name of registrant as specified in its charter)

 

Nevada   001-41957   20-4080330

(State or other jurisdiction

of incorporation)

 

(Commission File Number)

 

(IRS Employer

Identification No.)

 

No.29, Third Main Avenue, Shigao Town, Renshou County,

Meishan, Sichuan, China 620500

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (86) 28-37390666

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 par value   WETH   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On June 26, 2025, Wetouch Technology Inc. (the “Company”) received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) stating that Nasdaq had reviewed and accepted the Company’s plan of compliance relating to the Company’s noncompliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. As previously disclosed, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Report on Form 10-Q for the period ended March 31, 2025.

 

Based on the plan of compliance submitted by the Company, Nasdaq granted the Company an exception through October 13, 2025, to regain compliance with the Nasdaq Listing Rule 5250(c)(1). The Company must file its outstanding reports, including the Form 10-K for the fiscal year ended December 31, 2024, and the Form 10-Qs for the quarters ended March 31 and June 30, 2025, on or before that date to evidence compliance.

 

The Company is working diligently to complete the required audits and reviews and remains committed to regaining and maintaining compliance with all applicable Nasdaq continued listing requirements.

 

Item 4.01 Changes in Registrant’s Certifying Accountant.

 

On June 27, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors of the Company approved the dismissal of Enrome LLP (“Enrome”) as the Company’s independent registered public accounting firm, effective immediately.

 

Enrome was engaged as the Company’s independent registered public accounting firm on May 10, 2024, and has not rendered any report on the Company’s financial statements for any financial period of the Company, and never expressed, orally or in writing, any adverse opinion with respect to the Company’s financial statements.

 

During the fiscal years ended December 31, 2024 since Enrome’s engagement on May 10, 2024 and in the subsequent interim period through its dismissal on June 27, 2025, (i) there were no disagreements within the meaning of Item 304(a)(1)(iv) of Regulation S-X and the instructions relating thereto with Enrome on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to Enrome’s satisfaction, would have caused Enrome to make reference to the subject matter of the disagreements in its reports on the consolidated financial statements, if any, and (ii) there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K.

 

The Company has provided Enrome with a copy of the disclosures it is making in this Current Report on Form 8-K in response to Item 304(a) of Regulation S-K on June 25, 2025, and has requested that Enrome furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this report and, if not, stating the respects in which it does not agree. The Company intends to file such letter by amendment to this Form 8-K promptly after receipt.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit Number  Description
104  Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 


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 hereunto duly authorized.

 

  WETOUCH TECHNOLOGY INC.
   
Date: June 27, 2025 By: /s/ Zongyi Lian
  Name:  Zongyi Lian
  Title:

President and Chief Executive officer

(Principal Executive Officer)

 

2

 

FAQ

Why did WETH receive a Nasdaq compliance extension?

Nasdaq accepted WETH’s plan to file its overdue FY 2024 10-K and Q1–Q2 2025 10-Qs, granting an exception through October 13, 2025.

What is the new deadline for WETH to regain filing compliance?

WETH must file all outstanding reports on or before October 13, 2025 to meet Nasdaq Listing Rule 5250(c)(1).

Why was Enrome LLP dismissed as WETH’s auditor?

The Audit Committee dismissed Enrome on June 27, 2025; no disagreements or adverse opinions were reported.

What happens if WETH fails to file its 10-K and 10-Qs by the deadline?

Failure to file by October 13, 2025 could lead Nasdaq to delist WETH’s shares for continued non-compliance.

Did WETH report any disagreements with its former auditor?

No. The 8-K states there were no disagreements on accounting principles, disclosures, or audit scope with Enrome LLP.
Wetouch Technology Inc

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