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2025-06-26
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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) |
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) |
