Company: SISI
Filing Date: 2025-10-08
Form Type: 8-K
Source: 0001493152-25-017416
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Company: SHINECO, INC.
Filing Date: 2025-10-08
Form: 8-K
Item: Item 3.01
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Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;

Transfer
of Listing.

As
previously reported, on June 16, 2025, Shineco Inc. (“ Shineco” or the “ Company”) received a staff determination
letter (the “ Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“ Nasdaq”) notifying
the Company that it was not in compliance with the minimum bid price requirement as set forth under Nasdaq Listing Rule 5550(a)(2) (“ Bid
Price Rule”) for continued listing on Nasdaq. The Letter stated that, unless the Company timely requested a hearing before a Nasdaq
Hearings Panel (the “ Panel”), trading of the Company’s securities would be suspended at the opening of business on
June 25, 2025. The Company submitted a timely request for a hearing on June 23, 2025.

The
Panel conducted the hearing on July 24, 2025, during which the Company presented its case regarding its non-compliance with the Bid Price
Rule. On July 25, 2025, the Company received a letter from the Panel denying its request for continued listing. Nasdaq subsequently notified
the Company that trading in its common stock would be suspended effective July 29, 2025 (the “ Panel Decision”).

On
July 28, 2025, the Company received notice that the Nasdaq Listing and Hearing Review Council (the “ Listing Council”), pursuant
to its authority under Nasdaq Listing Rule 5820(b), had called the matter for review and granted a stay of the Panel Decision pending
the outcome of that review, thereby staying the suspension of trading and delisting of the Company’s common stock pending further
review by the Listing Council (the “ Listing Council Letter”).

Following
its review, the Listing Council issued its decision on October 1, 2025, affirming the Panel’s decision to delist the Company’s
securities (the “ Listing Council Decision”). On October 3, 2025, Nasdaq informed the Company that the stay had been lifted
and that trading in the Company’s common stock would be suspended effective at the open of trading on Tuesday, October 7, 2025.

The
Company has indicated its intent to appeal the Listing Council’s decision to the Securities and Exchange Commission (“ SEC”)
pursuant to Sections 19(d) and 19(f) of