Wetouch wins Nasdaq bid-price compliance, gets filing extension
Wetouch Technology Inc. reported an update on its Nasdaq listing status.
Rhea-AI Filing Summary
Wetouch Technology Inc. reported an update on its Nasdaq listing status. The company previously fell behind on required SEC filings, including its Form 10-K for the year ended December 31, 2024 and its Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025. Nasdaq had notified the company that these delays violated the filing requirements under Listing Rule 5250(c)(1).
Wetouch submitted compliance plans and filed its Form 10-K on September 11, 2025. On September 15, 2025, Nasdaq granted an extension until October 13, 2025 for the company to file its two delinquent Form 10-Qs. The company states it is working diligently to complete these reports.
Separately, Wetouch had received a prior notice that its share price was below the $1.00 minimum bid required by Listing Rule 5550(a)(2). As of September 15, 2025, Nasdaq confirmed that the company’s stock closed at or above $1.00 for the required period and that Wetouch has regained compliance with the minimum bid price rule and is in full compliance with all continued listing standards of the Nasdaq Global Market.
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Insights
Wetouch gains bid-price compliance but still must cure filing delays.
Wetouch Technology Inc. has addressed one major Nasdaq issue by restoring its share price above the $1.00 minimum bid required under Listing Rule 5550(a)(2). Nasdaq confirmed on September 15, 2025 that the closing price had met the standard for the requisite period and that this matter is closed. This removes an immediate risk tied to low trading prices.
However, the company remains late on key SEC reports: the Form 10-K for the year ended December 31, 2024 was only filed on September 11, 2025, and the Form 10-Qs for the quarters ended March 31, 2025 and June 30, 2025 are still outstanding. Nasdaq granted an extension until October 13, 2025 for these delinquent reports under Listing Rule 5250(c)(1). The continuation of timely filings beyond that date will be an important indicator of how effectively Wetouch can maintain full listing compliance over time.
8-K Event Classification
FAQ
What Nasdaq issues does Wetouch Technology Inc. (WETH) currently face?
Has Wetouch Technology Inc. (WETH) filed its 2024 Form 10-K?
What extension did Nasdaq grant Wetouch Technology Inc. (WETH) for its delinquent reports?
Did Wetouch Technology Inc. (WETH) regain compliance with Nasdaq’s minimum bid price rule?
Is Wetouch Technology Inc. (WETH) currently in full compliance with Nasdaq listing standards?
Why did Wetouch Technology Inc. (WETH) receive Nasdaq delinquency notifications?
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