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Huadi International Files $100M Mixed Securities Shelf
Huadi International files $100M mixed securities shelf
Huadi International Receives Nasdaq Compliance Notice
Huadi International confirmed that it received a Nasdaq letter stating that the company is not in compliance with Nasdaq's minimum bid price requirement. The notice advised that for a period of 30 consecutive business days, the closing bid price per share for the company's ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550. This press release is issued pursuant to Nasdaq Listing Rule 5810, which requires prompt disclosure of receipt of a deficiency notification.
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