DDC Enterprise (DDC) Regains NYSE Compliance

DDC Enterprise, Ltd. (NYSEAM: DDC) today announced that it has regained compliance with the New York Stock Exchange (“NYSE”) continued listing standards set forth in Part 10 of the NYSE American Company Guide. The Company has resolved the continued listing deficiency with respect to Section 1003(a)(i) referenced in a NYSE letter dated April 23, 2024.

“We have made tremendous strides in improving our stockholder’s equity through debt conversions and capital raises and we are excited to regain compliance with continued listing standards on the NYSE-AM exchange,” said DDC’s chief executive officer Norma Chu. “The improvements are another step in creating stockholder value and building a leading Asian food company.”

On 31 December 2024, DDC released its unaudited first half 2024 results. DDC reduced USD 5.6 million in debt by converting debt into equity. Shareholder equity increased by 109% to US$19.7 million compared to the year ended 31 December 2023. Total revenue increased by 40% to USD 17.2 million versus the same period a year ago.

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