Meiwu Technology Company Limited ( (WNW) ) has released a notification of late filing.
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Meiwu Technology Company Limited has announced a delay in filing its Form 20-F (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the time constraints associated with compiling, disseminating, and reviewing the necessary information, which has made it impractical to file on time without undue hardship and expense. The company anticipates that the Form 20-F will be filed no later than the fifteenth calendar day following the prescribed due date. No significant changes in financial results are expected from the previous fiscal year, and the company is committed to maintaining compliance with reporting requirements. The notification was signed by Zhichao Yang, the Chief Executive Officer.
Spark’s Take on WNW Stock
According to Spark, TipRanks’ AI Analyst, WNW is a Neutral.
The overall score is impacted heavily by financial challenges, including consistent losses and negative cash flow. While there is some technical momentum, the valuation concerns and negative market sentiment following the earnings call contribute to a low overall score.
To see Spark’s full report on WNW stock, click here.
More about Meiwu Technology Company Limited
YTD Price Performance: -94.71%
Average Trading Volume: 2,324,420
Technical Sentiment Signal: Buy
Current Market Cap: $6.97M
Learn more about WNW stock on TipRanks’ Stock Analysis page.