CN Healthy Food Tech Group Corp. said Nasdaq trading remained halted pending information despite a panel decision allowing continued listing, and disclosed a third-quarter net loss; three defaulted promissory notes remained outstanding.
UCFI · CN Healthy Food Tech Group Corp. · Documents
The latest filing states the doubt was alleviated.
“These conditions, considered in the aggregate, raised substantial doubt about the Company’s ability to continue as a going concern. After considering these plans, management concluded that the substantial doubt has been alleviated, and that the Company will be able to meet its obligations as they become due for at least twelve months from the date these condensed consolidated financial statements are issued.”View the 10-Q filed Nov 5, 2026
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CN Healthy Food Tech Group Corp. reported revenue of $27.8 million and net income of $8.4 million for the year ended December 31, 2025; Nasdaq suspended trading after the China Securities Regulatory Commission review remained incomplete.
Nasdaq Hearings Panel granted CN Healthy Food Tech Group Corp. continued listing on October 7, 2026, despite finding a material disclosure omission, subject to a one-year Discretionary Panel Monitor and remedial measures maintained for three years.