Wetouch Technology receives additional Nasdaq delinquency notice
Wetouch Technology Inc. (NASDAQ: WETH) received a written notice from Nasdaq on August 21, 2025, indicating the company failed to file its quarterly report on Form 10-Q for the period ended June 30, 2025, according to a company statement.
The touchscreen manufacturer now faces multiple delinquent filings, including its annual report on Form 10-K for fiscal year 2024 and its first quarter 2025 Form 10-Q. Nasdaq previously granted the company an exception until October 13, 2025, to file these delinquent reports.
Under Nasdaq rules, any additional exception allowing the company to regain compliance is limited to 180 calendar days from the due date of the initial delinquent filing, which extends to October 13, 2025.
The company must submit an updated compliance plan to Nasdaq by September 5, 2025, addressing its plans to file the June 30, 2025 Form 10-Q and providing progress updates on completing the delinquent reports.
The notification does not immediately affect the listing or trading of Wetouch's common stock on the Nasdaq Capital Market. The company stated it is working with auditors and advisors to complete and file the delinquent reports to regain compliance with Nasdaq's continued listing requirements.
Wetouch Technology manufactures and supplies large-format touchscreens and is based in Chengdu, China.
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