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Shineco Files Lawsuit Against Nasdaq Suspension

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Shineco Files Lawsuit Against Nasdaq Suspension

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Shineco ( (SISI) ) just unveiled an announcement.

Shineco Inc. received a staff determination letter from Nasdaq on June 16, 2025, indicating non-compliance with the minimum bid price requirement, which could lead to suspension of its stock from trading. Despite attending a hearing on July 24, 2025, Shineco’s request for continued listing was denied, but a subsequent review by the Nasdaq Listing and Hearing Review Council stayed the suspension. The company has filed a lawsuit against Nasdaq, seeking to prevent the suspension and delisting of its stock, which remains pending.

More about Shineco

Average Trading Volume: 6,040,499

Technical Sentiment Signal: Strong Sell

Current Market Cap: $9.84M

See more data about SISI stock on TipRanks’ Stock Analysis page.

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