Recent Updates — MWYN

Marwynn Holdings entered into a definitive agreement to acquire the proprietary Phase 1 core platform and associated intellectual property rights from Zhituo Software Co., Limited. The transaction is settled through the issuance of 4,000,000 unregistered shares of common stock, which are subject to deferral until the completion of any reverse stock split or at-the-market offering program. Ownership of the technology transferred immediately upon signing, with Zhituo obligated to complete administrative handover within 30 days and provide a 90-day defect correction period. Marwynn Holdings operates in the software and technology sector.

On July 10, 2026, Marwynn Holdings, Inc. received notification from Nasdaq that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Requirement. This follows a period of non-compliance starting January 29, 2026, where the stock price remained below $1.00. Nasdaq determined the closing bid price was $1.00 or greater for 10 consecutive business days from June 25, 2026, to July 9, 2026. The company operates in the consumer goods sector as a holding company.