Current Report
Filed: 2026-04-20
Key Insights
- YHN Acquisition I Limited has failed to meet two critical Nasdaq listing requirements: Market Value of Publicly Held Shares (MVPHS) of $15M and Market Value of Listed Securities (MVLS) of $50M, both breached for 30 consecutive business days ending April 16, 2026.
- The company has 180 calendar days (until October 14, 2026) to regain compliance with both listing standards or face delisting, with no guarantee Nasdaq will accept any compliance plan submitted by management.
- As an alternative to regaining compliance on the Global Market, the company may apply to transfer to Nasdaq Capital Market, which has lower listing requirements but would represent a significant downgrade in market tier.
- The company's stock continues to trade under ticker YHNA with no immediate delisting effect, but sustained non-compliance carries material risk of forced delisting and potential forced transfer to a lower-tier market.