WETH 8-K
Wetouch Technology Inc. (WETH)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On August 21, 2025, Wetouch Technology Inc., a Nevada corporation (the “Company” or “Wetouch”), received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company had not yet filed its Form 10-Q for the period ended June 30, 2025 (the “2nd Form 10-Q”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) requiring Nasdaq-listed companies to timely file all periodic financial reports with the Securities and Exchange Commission (the “SEC”).
Previously, Staff had granted the Company an exception until October 13, 2025 to file its delinquent Form 10-K for the year ended December 31, 2024 (the “Initial Delinquent Filing”) Form 10-Q for the period ended March 31, 2025 (the “First Form 10-Q”). As a result, any additional Staff exception to allow the Company to regain compliance, including deficiency related to this Notice, with all delinquent filings, will be limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, or October 13, 2025.
As a result of this additional delinquency, Nasdaq also requires that the Company submit an update to its original plan to regain compliance with respect to the filing requirement, which original plan was submitted to Nasdaq on June 18, 2025 (the “Original Plan”), The Company intends to submit an update to the Original Plan as soon as practicable (the “Updated Plan”).
If Nasdaq does not accept the Company’s Updated Plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Notice has no immediate effect on the listing or trading of the Company’s common stock on Nasdaq.
The Company is working diligently to complete its Form 10-K, the First Form 10-Q, the 2nd Form 10-Q and plans to file them as promptly as practicable to regain compliance with the Listing Rule.
Item 7.01 Regulation FD Disclosure.
The information contained in Item 3.01 of this Current Report on Form 8-K is incorporated herein by reference.
On August 26, 2025, the Company issued a press release in accordance with Nasdaq Listing Rule 5810(b) announcing that the Company had received the Notice. A copy of the press release is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, which is incorporated into this Item 7.01, is being furnished pursuant to Item 7.01 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
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Forward-Looking Statements
This filing contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”, “target”, “going forward”, “outlook,” “objective” and similar terms. These forward-looking statements include, but are not limited to, the expected filing of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Wetouch’s control, which may cause Wetouch’s actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Wetouch as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. For example, there can be no assurance that the Company will regain compliance with the Listing Rule during any compliance period or in the future, or otherwise meet Nasdaq compliance standards. Further information regarding these and other risks, uncertainties or factors is included in Wetouch’s filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Wetouch does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number |
Description | |
| 99.1 | Press Release dated August 26, 2025 entitled, “Wetouch Announces Receipt of Nasdaq Notification of Non-Compliance Regarding Delayed Form 10-Q Filing for the period ended June 30, 2025” | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| WETOUCH TECHNOLOGY INC. | ||
| Date: August 26, 2025 | By: | /s/ Zongyi Lian |
| Name: | Zongyi Lian | |
| Title: | President and Chief Executive officer | |
| (Principal Executive Officer) | ||
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Exhibit 99.1
Wetouch Technology Inc. Receives Nasdaq Notification Regarding Delinquent Periodic Reports
Chengdu, China – August 26, 2025 – Wetouch Technology Inc. (Nasdaq: WETH) (the “Company”), a manufacturer and supplier of large-format touchscreens, today announced that on August 21, 2025, it received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2025 with the U.S. Securities and Exchange Commission (the “SEC”).
This delinquency is in addition to the Company’s previously disclosed delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and its Quarterly Report on Form 10-Q for the period ended March 31, 2025 (collectively, the “Delinquent Reports”).
Nasdaq previously granted the Company an exception until October 13, 2025 to file the Delinquent Reports. Under Nasdaq’s rules, any additional exception to allow the Company to regain compliance with all periodic filing requirements is limited to a maximum of 180 calendar days from the due date of the Initial Delinquent Filing, which is October 13, 2025.
The Company has been requested to submit an updated plan of compliance to Nasdaq by September 5, 2025, which will address its plans to file the June 30, 2025 Form 10-Q and provide an update on its progress toward completing the Delinquent Reports.
The Nasdaq notification has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.
The Company is working diligently with its auditors and advisors to complete and file the Delinquent Reports as soon as practicable in order to regain compliance with Nasdaq’s continued listing requirements.
About WeTouch Technology Inc.:
WeTouch Technology Inc. is a leading provider of high-quality touch display solutions, committed to revolutionizing human-machine interaction across various industries. With a focus on innovation and customer satisfaction, WeTouch delivers cutting-edge technology and unmatched performance in touch display solutions worldwide.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates", "target", "going forward", "outlook," "objective" and similar terms. Such statements are based upon management's current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and which are beyond Wetouch's control, which may cause Wetouch's actual results, performance or achievements (including the RMB/USD value of its anticipated benefit to Wetouch as described herein) to differ materially and in an adverse manner from anticipated results contained or implied in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Wetouch's filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Wetouch does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For more information, please contact:
Email: [email protected]