Eason Technology Limited Received NYSE American Non-Compliance Letter

Published: Monday, October 20, 2025 at 8:59 pm

Eason Technology Faces Potential Delisting from NYSE American

Eason Technology Limited, a company involved in real estate operation management, investment, and digital technology security, has received a non-compliance notice from NYSE Regulation. The notice, issued on October 14, 2025, indicates that the company is not meeting the continued listing standards of NYSE American LLC.

The primary reason for the non-compliance stems from the company's financial performance. Specifically, Eason Technology reported stockholders' equity of approximately $3.8 million as of December 31, 2024, and has experienced losses from continuing operations and/or net losses in three of its four most recent fiscal years ending on the same date. This falls short of the requirements outlined in the NYSE American Company Guide.

As a result of this deficiency, Eason Technology is now subject to specific procedures outlined in the Company Guide. The company is required to submit a plan by November 13, 2025, detailing the steps it will take to regain compliance with the listing standards. The company has until April 14, 2027, to achieve compliance.

The consequences of failing to meet these requirements are significant. If Eason Technology does not submit a compliance plan, or if the plan is rejected, delisting proceedings will commence. Even if a plan is accepted, failure to meet the compliance deadline or to make consistent progress could also lead to delisting. The company does have the option to appeal a staff delisting determination.

The notice does not immediately affect the trading of Eason Technology's American Depositary Shares (ADSs), which will continue to be listed and traded on the NYSE American during the cure period, provided the company complies with other listing requirements.

BNN's Perspective:

This situation highlights the importance of maintaining strong financial health for publicly traded companies. While Eason Technology has time to address the issues, the potential for delisting underscores the risks associated with investing in companies facing financial difficulties. Investors should carefully monitor the company's progress in implementing its compliance plan.

Keywords: Eason Technology, NYSE American, Non-Compliance, Delisting, Stockholders' Equity, Financial Performance, Listing Standards, Compliance Plan, ADSs, Investment, Real Estate, Digital Technology, China

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