CNFinance Holdings Ltd. (CNF.US) Completes Reverse Stock Split, Regains Compliance with NYSE Minimum Price Requirements

Stock News
10/14

CNFinance Holdings Ltd. (CNF.US) announced that it has regained compliance with the NYSE listing standards' minimum stock price requirement, following regulatory confirmation received on September 30, 2025.

The company had previously fallen below compliance on April 7, 2025, when its stock price traded below $1.00 for 30 consecutive trading days, triggering a violation of the "Price Standard" under Section 802.01C of the NYSE Listed Company Manual. Under the regulations, the company was granted a compliance period extending until the later of either its next annual shareholders' meeting or six months from receipt of the notice, during which it needed to restore its stock price above $1.00.

To address the stock price issue, CNFinance Holdings Ltd. completed an adjustment to its American Depositary Receipt (ADR) ratio on September 5, 2025, implementing a 1-for-10 reverse stock split.

Based on the 30-trading-day average stock price monitoring data as of September 30, 2025, the company's stock price has stabilized above the $1.00 minimum requirement, officially removing it from non-compliance status.

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