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Green Giant | 8-K: Current report

Green Giant | 8-K:重大事件

美股SEC公告 ·  04/05 16:24

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On March 28, 2024, Green Giant Inc. received a notice from Nasdaq Listing Qualifications Staff regarding a deficiency that could lead to delisting. The notice was issued due to the company's issuance of future priced securities which caused significant dilution of stockholder value and violated Nasdaq Listing Rule 5635(d). This rule mandates shareholder approval for any issuance of more than 20% of stock at a price below the minimum set price. Although the notice does not immediately affect Green Giant's listing and trading on Nasdaq, the company attended a hearing with the Nasdaq Hearings Panel on April 4, 2024, to address the issue. The outcome of the hearing will determine whether Green Giant can demonstrate compliance with the continued listing requirements. The company's ability to meet these requirements in the future remains uncertain, and failure to do so could result in the delisting of its ordinary shares, negatively impacting their liquidity and marketability. Green Giant disclosed the notification in accordance with Nasdaq Listing Rule 5810(b).
On March 28, 2024, Green Giant Inc. received a notice from Nasdaq Listing Qualifications Staff regarding a deficiency that could lead to delisting. The notice was issued due to the company's issuance of future priced securities which caused significant dilution of stockholder value and violated Nasdaq Listing Rule 5635(d). This rule mandates shareholder approval for any issuance of more than 20% of stock at a price below the minimum set price. Although the notice does not immediately affect Green Giant's listing and trading on Nasdaq, the company attended a hearing with the Nasdaq Hearings Panel on April 4, 2024, to address the issue. The outcome of the hearing will determine whether Green Giant can demonstrate compliance with the continued listing requirements. The company's ability to meet these requirements in the future remains uncertain, and failure to do so could result in the delisting of its ordinary shares, negatively impacting their liquidity and marketability. Green Giant disclosed the notification in accordance with Nasdaq Listing Rule 5810(b).
2024年3月28日,绿巨公司收到了纳斯达克上市资格工作人员关于可能导致退市的缺陷的通知。该通知之所以发布,是因为该公司发行了期货定价证券,导致股东价值大幅稀释,并违反了《纳斯达克上市规则》第5635(d)条。该规则要求股东批准任何以低于最低设定价格的价格发行超过20%的股票。尽管该通知并未立即影响绿巨人在纳斯达克的上市和交易,但该公司于2024年4月4日出席了纳斯达克听证会小组的听证会,以解决该问题。听证会的结果将决定Green Giant能否证明遵守了持续的上市要求。该公司未来满足这些要求的能力仍不确定,不这样做可能会导致其普通股退市,从而对其流动性和适销性产生负面影响。绿巨根据纳斯达克上市规则5810(b)披露了该通知。
2024年3月28日,绿巨公司收到了纳斯达克上市资格工作人员关于可能导致退市的缺陷的通知。该通知之所以发布,是因为该公司发行了期货定价证券,导致股东价值大幅稀释,并违反了《纳斯达克上市规则》第5635(d)条。该规则要求股东批准任何以低于最低设定价格的价格发行超过20%的股票。尽管该通知并未立即影响绿巨人在纳斯达克的上市和交易,但该公司于2024年4月4日出席了纳斯达克听证会小组的听证会,以解决该问题。听证会的结果将决定Green Giant能否证明遵守了持续的上市要求。该公司未来满足这些要求的能力仍不确定,不这样做可能会导致其普通股退市,从而对其流动性和适销性产生负面影响。绿巨根据纳斯达克上市规则5810(b)披露了该通知。
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