Hongli Group Inc. Considers Reverse Stock Split to Regain Nasdaq Compliance

Reuters

07/15

Hongli Group Inc. Considers Reverse Stock Split to Regain Nasdaq Compliance

Hongli Group Inc. has announced its intention to implement a reverse stock split to address its non-compliance with Nasdaq's minimum bid price requirement. This move is aimed at boosting the closing bid price of its ordinary shares to meet the $1.00 per share threshold, ensuring continued listing on The Nasdaq Capital Market. The company is actively monitoring share prices and evaluating options to regain compliance before the January 6, 2026 deadline.

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. Hongli Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9494723-en) on July 15, 2025, and is solely responsible for the information contained therein.

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