Shineco Inc. Faces Nasdaq Trading Suspension Following Failure to Meet Minimum Bid Price Requirement; Company Appeals Delisting Decision

Reuters
2025.10.08 19:31
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Shineco Inc. has been suspended from trading on the Nasdaq Stock Market effective October 7, 2025, due to non-compliance with the minimum bid price requirement. The company has made multiple attempts to contest this decision, including hearings and legal actions, but all appeals were denied. Shineco plans to appeal to the Securities and Exchange Commission, citing complications from the ongoing U.S. federal government shutdown.