ReTo Eco-Solutions Receives Nasdaq Delisting Notice
Ticker: RETO · Form: 6-K · Filed: Feb 4, 2025 · CIK: 1687277
| Field | Detail |
|---|---|
| Company | Reto Eco-Solutions, Inc. (RETO) |
| Form Type | 6-K |
| Filed Date | Feb 4, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10, $1 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, nasdaq, regulatory-filing
Related Tickers: RTO
TL;DR
Nasdaq sent ReTo Eco-Solutions a delisting notice, stock might be delisted.
AI Summary
On January 29, 2025, ReTo Eco-Solutions, Inc. received a delisting determination notice from The Nasdaq Stock Market LLC. The notice indicates that the company's securities may be delisted from Nasdaq.
Why It Matters
This notice from Nasdaq could lead to the company's stock being removed from the exchange, potentially impacting its liquidity and investor accessibility.
Risk Assessment
Risk Level: high — Receiving a delisting notice from a major stock exchange like Nasdaq poses a significant risk to the company's trading status and investor confidence.
Key Players & Entities
- ReTo Eco-Solutions, Inc. (company) — The company that received the delisting notice.
- The Nasdaq Stock Market LLC (company) — The stock exchange that issued the delisting determination notice.
- January 29, 2025 (date) — The date ReTo Eco-Solutions received the delisting notice.
FAQ
What is the specific reason for the delisting determination notice issued by Nasdaq to ReTo Eco-Solutions, Inc.?
The provided text states that ReTo Eco-Solutions, Inc. received a delisting determination notice from The Nasdaq Stock Market LLC, but it does not specify the exact reasons for this determination.
When did ReTo Eco-Solutions, Inc. receive the delisting determination notice?
ReTo Eco-Solutions, Inc. received the delisting determination notice on January 29, 2025.
What is the filing type and date for this report?
This is a Form 6-K report filed on February 4, 2025.
What is the company's principal executive office address?
The company's principal executive office is located at c/o Beijing REIT Technology Development Co., Ltd., X-702, 60 Anli Road, Chaoyang District, Beijing, People's Republic of China 100101.
Does ReTo Eco-Solutions, Inc. file annual reports under Form 20-F or Form 40-F?
ReTo Eco-Solutions, Inc. indicates that it files annual reports under Form 20-F.
Filing Stats: 536 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2025-02-04 16:50:22
Key Financial Figures
- $0.10 — t given its Class A shares, par value US$0.10 per share (the "Class A Shares"), had a
- $1 — ), had a closing bid price at less than $1 over the previous 30 consecutive busine
Filing Documents
- ea0229912-6k_reto.htm (6-K) — 14KB
- ea022991201ex99-1_reto.htm (EX-99.1) — 6KB
- 0001213900-25-010119.txt ( ) — 20KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2025 Commission file number: 001-38307 RETO ECO-SOLUTIONS, INC. (Registrant's name) c/o Beijing REIT Technology Development Co., Ltd. X-702, 60 Anli Road, Chaoyang District, Beijing People's Republic of China 100101 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K On January 29, 2025, ReTo Eco-Solutions, Inc., a British Virgin Islands business company (the "Company"), received a delisting determination notice from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that given its Class A shares, par value US$0.10 per share (the "Class A Shares"), had a closing bid price at less than $1 over the previous 30 consecutive business days, the Company is not in compliance with the minimum bid price requirement as set forth in Listing Rule 5550(a)(2). Further, because the Company is not eligible for any compliance period since the Company has effected a reverse stock split over the prior one-year period, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Class A Shares will be scheduled for delisting from Nasdaq at the opening of business on February 7, 2025, unless the Company requests an appeal of such determination to a hearings panel (the "Panel"). The Company intends to timely request a hearing before the Panel. The request will stay the suspension of the Company's securities and the delisting process pending the Panel's decision. While the appeal is pending, the Class A Shares will continue to trade on Nasdaq under the symbols "RETO." There can be no assurance that the Panel will grant the Company an extension period or that the Company will ultimately regain compliance with all applicable requirements for continued listing on Nasdaq. On February 4, 2025, the Company issued a press release announcing receipt of the delisting notice. A copy of the please release is attached hereto as Exhibit 99.1 to this Form 6-K and is incorporated herein by reference. EXHIBIT INDEX Exhibit No. Description 99.1 Press Release INCORPORATION BY REFERENCE This Form 6-K and the exhibit thereto, including any amendment and report filed for the purpose of updating such document, shall be deemed to be incorporated by reference into each of (i) the registration statement on Form F-3 , as amended (File No. 333-267101), of the Company, (ii) the registration statement on Form S-8 , as amended (File No. 333-270355), of the Company, and (iii) the registration statement on Form S-8 (File No. 333-280119), of the Company and to be a part thereof from the date on which this Form 6-K is furnished, to the extent not superseded by documents or reports subsequently filed or furnished. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 4, 2025 RETO ECO-SOLUTIONS, INC. By: /s/ Hengfang Li Name: Hengfang Li Title: Chief Executive Officer 2