Shineco Inc. Faces Nasdaq Trading Suspension Following Failure to Meet Minimum Bid Price Requirement; Company Appeals Delisting Decision

Reuters10-09

Shineco Inc. Faces Nasdaq Trading Suspension Following Failure to Meet Minimum Bid Price Requirement; Company Appeals Delisting Decision

**Shineco Inc. Faces Nasdaq Trading Suspension Amid Listing Rule Violation** Shineco Inc. announced that its common stock was suspended from trading on the Nasdaq Stock Market effective October 7, 2025, after the company failed to comply with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). Despite Shineco's efforts to contest the decision-including requesting hearings, filing a lawsuit, and seeking emergency relief in federal court-all judicial and regulatory appeals were denied. Shineco now intends to appeal the Nasdaq Listing Council's decision to the Securities and Exchange Commission. The company cited the ongoing U.S. federal government shutdown as a factor complicating its appeal process.

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. Shineco 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: 0001493152-25-017416), on October 08, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Trading Suspension Amid Listing Rule Violation** Shineco Inc. announced that its common stock was suspended from trading on the Nasdaq Stock Market effective October 7, 2025, after the company failed to comply with Nasdaq's minimum bid price requirement under Listing Rule 5550(a)(2). Despite Shineco's efforts to contest the decision-including requesting hearings, filing a lawsuit, and seeking emergency relief in federal court-all judicial and regulatory appeals were denied. Shineco now intends to appeal the Nasdaq Listing Council's decision to the Securities and Exchange Commission. The company cited the ongoing U.S. federal government shutdown as a factor complicating its appeal process.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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