Streetbeat News

WNW

Meiwu Technology Company Limited

https://www.wnw108.com

Industry

Specialty Retail

Meiwu Technology Company Limited operates as an online and mobile commerce company in the People's Republic of China. The company operates through Clean Food Platform, Restaurant, and others segments. The company offers green food, organic food, intangible cultural heritage food, agricultural products, and pollution-free products. It also engages the provision of restaurant services; and wholesale of agricultural products. The company was formerly known as Wunong Net Technology Company Limited and changes its name to Meiwu Technology Company Limited in August 2021. The company was incorporated in 2018 and is headquartered in Shenzhen, the People's Republic of China.

Open

0.13

Mkt cap

8.6M

Volume

544K

High

0.14

P/E Ratio

-0.02

52-wk high

3.50

Low

0.13

Div yield

N/A

52-wk low

0.13

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February 08, 2024 | 6:07 pm

Meiwu Technology Co., Limited (NASDAQ:WNW), an online and mobile commerce company, has regained compliance with NASDAQ's listing requirements, specifically the minimum bid price rule. The company was previously at risk of being delisted due to a bid price deficiency, but this issue has been resolved. Consequently, a scheduled hearing with the NASDAQ Hearing Panel is no longer necessary, and Meiwu's shares will remain listed on The Nasdaq Stock Market.

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January 02, 2024 | 7:44 am

Meiwu Technology Co. reported a significant increase in revenues for the first half of the year, with $10.68 million compared to $1.17 million in the same period last year.

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December 29, 2023 | 10:04 pm

Meiwu Technology Company Limited (NASDAQ: WNW) announced a 1-for-35 reverse share split effective December 20, 2023. Post-split, shares are expected to trade at 35 times the pre-split price, but the company cannot guarantee that the post-split price will reflect the reverse split ratio or remain above the pre-split price. The reverse split will reduce the outstanding shares from approximately 100.67 million to about 2.88 million without changing the number of authorized shares. Stock options and restricted shares will be adjusted accordingly, and fractional shares will be rounded up. New certificates will be issued by TranShare.

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