WeTouch Technology Inc., a manufacturer of large-format touchscreens, received a Nasdaq notification regarding its delayed Form 10-Q filing for the period ended June 30, 2025.
The company had not filed 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.
Nasdaq granted the company an extension until October 13, 2025, to file the Delinquent Reports, with a maximum additional 180 days for compliance.
Non-Compliance Notification
WeTouch received a written notice from Nasdaq for non-compliance regarding the delayed Form 10-Q filing.
Compliance Deadline Extension
Nasdaq granted WeTouch an extension until October 13, 2025, for filing the Delinquent Reports, with a maximum of 180 days for compliance.
Plan of Compliance
The company is required to submit an updated plan of compliance by September 5, 2025, outlining the steps for filing the Form 10-Q and progress on the Delinquent Reports.
- The Nasdaq notification does not immediately affect the listing or trading of WeTouch's common stock on the Nasdaq Capital Market.
- WeTouch is actively working with auditors and advisors to complete and file the Delinquent Reports to comply with Nasdaq's continued listing requirements.
WeTouch Technology Inc. is dedicated to resolving the filing delays and maintaining compliance with Nasdaq's regulations. The company's commitment to innovation and customer satisfaction remains unwavering amidst these challenges.