Until the Company files its 2022 Form 10-K, the Company’s common stock will remain listed on the NYSE under the symbol “CGA,”
China Green Agriculture, Inc. announced that, as a result of its failure to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2022 (the “2022 Form 10-K”) in a timely fashion, it has received a notice from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the NYSE’s continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual.
As reported by the Company is unable to meet the filing deadline for its 2022 Form 10-K due to circumstances and impacts related to COVID-19. As a result, the Company’s accounting team was unable to complete its 2022 Form 10-K until after October 20, 2022. The Company is currently working closely with its principal accounting firm to complete the filing of its 2022 Form 10-K as soon as reasonably practicable.
The NYSE has informed the Company that, under the NYSE’s rules, the Company will have six months from the filing due date to file its 2022 Form 10-K with the SEC. The Company can regain compliance with the NYSE listing standards during this six-month period when the Company files its 2022 Form 10-K with the SEC. During the six-month period, the NYSE will closely monitor the status of the Company’s late filing and related public disclosures. If the Company fails to file its 2022 Form 10-K within such a six-month period, the NYSE may, in its sole discretion, allow the Company’s common stock to trade for up to an additional six months depending on specific circumstances, as outlined in the rule.
Until the Company files its 2022 Form 10-K, the Company’s common stock will remain listed on the NYSE under the symbol “CGA,” and will be assigned a “LF” indicator to signify late filing status.
