TH International Regains Nasdaq Listing Compliance
Ticker: THCH · Form: 6-K · Filed: Jan 28, 2025 · CIK: 1877333
| Field | Detail |
|---|---|
| Company | Th International Ltd (THCH) |
| Form Type | 6-K |
| Filed Date | Jan 28, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | bullish |
Sentiment: bullish
Topics: compliance, listing, nasdaq
TL;DR
Nasdaq says TH International is back in compliance, avoiding delisting.
AI Summary
On January 28, 2025, TH International Limited received a Compliance Notice from Nasdaq stating they have regained compliance with Listing Rule 5550(a)(2). This means the company has met the minimum bid price requirement for continued listing on the Nasdaq.
Why It Matters
Regaining compliance with Nasdaq's minimum bid price rule is crucial for TH International Ltd as it prevents delisting and maintains investor confidence.
Risk Assessment
Risk Level: low — The filing indicates the company has resolved a specific compliance issue with Nasdaq, reducing immediate delisting risk.
Key Players & Entities
- TH International Limited (company) — The company that received the compliance notice.
- Nasdaq Stock Market LLC (company) — The stock exchange that issued the compliance notice.
- January 28, 2025 (date) — The date the compliance notice was issued and the filing was made.
- Listing Rule 5550(a)(2) (rule) — The specific Nasdaq rule TH International Limited has now complied with.
FAQ
What specific Nasdaq rule did TH International Limited regain compliance with?
TH International Limited regained compliance with Nasdaq Listing Rule 5550(a)(2), which relates to the minimum bid price requirement.
When did TH International Limited receive the Compliance Notice from Nasdaq?
The company received the Compliance Notice on January 28, 2025.
What is the significance of regaining compliance with Nasdaq Listing Rule 5550(a)(2)?
Regaining compliance with this rule means the company has met the minimum bid price requirement, preventing its securities from being delisted from the Nasdaq.
What is the address of TH International Limited's principal executive offices?
The address is 2501 Central Plaza, 227 Huangpi North Road, Shanghai, People's Republic of China, 200003.
Does TH International Limited file annual reports under Form 20-F or Form 40-F?
The registrant indicates it files annual reports under Form 20-F.
Filing Stats: 303 words · 1 min read · ~1 pages · Grade level 13.9 · Accepted 2025-01-28 16:05:17
Key Financial Figures
- $1.00 — ompany's ordinary shares has been above $1.00 per share. Accordingly, the Company has
Filing Documents
- ea0228945-6k_thinter.htm (6-K) — 12KB
- ea022894501ex99-1_thinter.htm (EX-99.1) — 8KB
- 0001213900-25-007534.txt ( ) — 21KB
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 January 2025 Commission file number: 001-41516 TH International Limited 2501 Central Plaza 227 Huangpi North Road Shanghai, People's Republic of China, 200003 +86-021-6136-6616 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXPLANATORY NOTE On January 28, 2025, TH International Limited (the "Company") issued a press release announcing its receipt a written notification letter (the "Compliance Notice") from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC dated January 28, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). According to the Compliance Notice, for the last 10 consecutive business days, from January 13 through January 27, 2025, the closing bid price of the Company's ordinary shares has been above $1.00 per share. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed. Therefore, the Company's ordinary shares are no longer subject to delisting. A copy of the press release is filed as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference. 1 INDEX TO EXHIBITS Exhibit Number Exhibit Title 99.1 Tims China Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement 2 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. TH International Limited /s/ Yongchen Lu Yongchen Lu Chief Executive Officer Date: January 28, 2025 3