Next Technology Holding Inc.

09/30/2025 | Press release | Distributed by Public on 09/30/2025 04:02

Material Event (Form 8-K)

Item 8.01 Other Events

As previously reported on a Current Report on Form 8-K filed on August 28, 2025, The Nasdaq Stock Market LLC ("Nasdaq") notified Next Technology Holding Inc. (the "Company") that Nasdaq believed the Company no longer had an operating business and therefore constituted a "public shell," and that the continued listing of its common stock was not warranted. The Company timely requested a hearing before a Nasdaq hearing panel, which automatically stayed any suspension or delisting action pending the hearing.

The hearing was originally scheduled for October 7, 2025. In advance of the hearing, the Company submitted written materials, held telephonic discussions with Nasdaq and filed a Current Report on Form 8-K on September 26, 2025, disclosing the Company's recent business development.

On September 29, 2025, the Company received a letter from Nasdaq stating that Nasdaq has determined the Company does have an operating business, and is not a "public shell," and that Nasdaq is withdrawing the delisting determination. Nasdaq indicated that this matter is closed, and the Company's common stock will remain listed on the Nasdaq Capital Market. No further action is required with respect to this matter.

Next Technology Holding Inc. published this content on September 30, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 30, 2025 at 10:02 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]