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Hongli Group Inc. – Nasdaq Minimum Bid Price Non-Compliance
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WEIFANG, CHINA, July 15, 2025 (GLOBE NEWSWIRE) -- Hongli Group Inc. (the “Company”) (Nasdaq: HLP) today announced that on July 10, 2025, it received a deficiency letter (the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”). The Notice informed the Company that, based upon the closing bid price of the Company's ordinary shares (“Ordinary Shares”) over the 30 consecutive business day period between May 27, 2025 and July 9, 2025, the Company is not in compliance with the requirement to maintain a minimum bid price of $1.00 per share of its Ordinary Shares for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).07/15/2025
Small-cap Chinese stocks spark meme-like buzz
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Small-cap Chinese stocks have been attracting plenty of attention in recent days, according to data from Stocktwits, a social platform for investors and traders.05/02/2023
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Symbol Frequently Asked Questions
Is Hongli Group Inc. (HLP) a buy, sell, or hold?
Hongli Group Inc. (HLP) can sell. Click on Rating Page for detail.
What is Hongli Group Inc.'s stock price?
The price of Hongli Group Inc. (HLP) is 1.04 and it was updated on 2025-09-19 13:00:28.
Is Hongli Group Inc. (HLP) overvalued or undervalued?
Currently Hongli Group Inc. (HLP) is in overvalued.
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