Meiwu Technology Company Limited Regains Compliance with Nasdaq Listing Rule
Shenzhen, China, April 21, 2025 – Meiwu Technology Company Limited (“WNW” or the “Company”), (NASDAQ: WNW) announced today that it has regained compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires the Company’s ordinary shares to maintain a minimum bid price of $1.00 per share.
The Nasdaq staff made this determination after the closing bid price of the Company’s Ordinary Shares remained at $1.00 per share or greater for 10 consecutive business days, from April 1, 2025, to April 14, 2025. As a result, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and this bid price deficiency matter is now closed.
About Meiwu Technology Company Limited
Meiwu Technology Company Limited is a British Virgin Islands company incorporated on December 4, 2018. The Company has strategically transitioned its business from online sales of high-quality food products and short message services to the skincare industry. Currently, it engages in the sale of functional skincare products through Xiamen Chunshang Health Technology Co., Ltd. (“Chunshang Xiamen”), an indirect wholly-owned subsidiary in China.
Safe Harbor Statement
Certain statements in this release are “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those discussed. Important factors include the ability to manage growth, identify and integrate future acquisitions, obtain additional financing, and fluctuations in general economic and business conditions.
The forward-looking statements are also subject to other risks and uncertainties, including those described in the Company’s filings with the Securities and Exchange Commission, available at www.sec.gov. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.
Contact
Meiwu Technology Company Limited Zhichao Yang Email: meiwuBS@usmeiwu.com
