Bon Natural Life Ltd. Retains Nasdaq Listing Amid Compliance Plan Implementation, Undergoes One-Year Monitoring Period

Reuters
07/12
<a href="https://laohu8.com/S/BON">Bon Natural Life</a> Ltd. Retains Nasdaq Listing Amid Compliance Plan Implementation, Undergoes One-Year Monitoring Period

Bon Natural Life Ltd. recently faced a potential delisting from The Nasdaq Stock Market due to non-compliance with specific listing requirements, including issues related to minimum bid price and public interest concerns. The company was cited for issuing securities in March 2025 that caused significant dilution to existing stockholders. However, after submitting a compliance plan and appearing before the Nasdaq Hearings Panel on June 5, 2025, the company was granted continued listing on July 2, 2025. As part of its ongoing efforts to maintain compliance, Bon Natural Life Ltd. is implementing a share repurchase program and has committed to avoiding overly complex or dilutive financing instruments in the future. Additionally, the company will be under a Discretionary Panel Monitor for one year to ensure adherence to listing requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bon Natural Life Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-018700), on July 11, 2025, and is solely responsible for the information contained therein.

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