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Hongli Group Inc. received a deficiency notice from Nasdaq on July 2, 2026, stating the company failed to maintain the…
HLPHongli Group Inc.
Hongli Group Inc. received a deficiency notice from Nasdaq on July 2, 2026, stating the company failed to maintain the minimum $1.00 bid price requirement for its Class A ordinary shares. The company has a 180-day compliance period ending December 29, 2026, to restore compliance, potentially through a reverse stock split or by achieving a $1.00 closing price for 10 consecutive business days. Failure to meet these standards could lead to delisting. Hongli Group Inc. is a China-based company involved in various industrial sectors.