Next Technology Holding Inc. Faces Potential Nasdaq Delisting Over Lack of Operations and Revenue

Reuters
08/29
<a href="https://laohu8.com/S/NXTT">Next Technology</a> Holding Inc. Faces Potential Nasdaq Delisting Over Lack of Operations and Revenue

Next Technology Holding Inc. has announced that it received a notice from Nasdaq regarding potential delisting due to failure to meet listing requirements. The notice, dated August 25, 2025, highlights that the company's recent filings with the SEC show it has only six employees, ceased operations in China, and dissolved its subsidiary there. Additionally, the company has reported no revenue for 2025, leading Nasdaq to classify it as a "public shell" and questioning the warrant of its continued listing. Next Technology Holding Inc. disagrees with Nasdaq's assessment and plans to request a hearing to contest the delisting. This request will temporarily halt any suspension or delisting actions, but the company acknowledges that there is no guarantee of a successful appeal or future compliance with listing standards.

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. Next Technology Holding Inc. 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: 0001213900-25-081800), on August 28, 2025, and is solely responsible for the information contained therein.

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