CHINA GREEN AGRICULTURE, INC. (NYSE:CGA) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingItem 3.01.Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously reported, On October 1, 2018, the New York Stock Exchange (“NYSE”) notified China Green Agriculture, Inc, (the “Company”) that the 30-trading-day average closing price of the Company’s common stock had fallen below $1.00 per share, the minimum average share price required for continued listing of the Company’s common stock on the NYSE under Rule 802.01C of the NYSE Listed Company Manual.
to applicable NYSE rules, the Company has responded to the NYSE by letter of October 11, 2018 informing the NYSE of its intent to cure the share price deficiency for the purpose of returning to compliance with the continued listing standard.
Item 9.01.Financial Statements and Exhibits.
|Exhibit 99.1 Press Release, dated October 12, 2018|
China Green Agriculture, Inc. ExhibitEX-99.1 2 f8k101118ex99-1_chinagreen.htm PRESS RELEASE,…To view the full exhibit click
About CHINA GREEN AGRICULTURE, INC. (NYSE:CGA)
China Green Agriculture, Inc. is engaged in the research, development, production and sale of various types of fertilizers and agricultural products in the People’s Republic of China (PRC) through its Chinese subsidiaries, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (Jinong) and Beijing Gufeng Chemical Products Co., Ltd. (Gufeng), and its variable interest entity (VIE), Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (Yuxing). The Company’s segments include Jinong (fertilizer production), Gufeng (fertilizer production) and Yuxing (agricultural products production). The Company’s primary business is of fertilizer products, specifically humic acid-based compound fertilizer produced through Jinong, and compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, water-soluble fertilizers and mixed organic-inorganic compound fertilizer produced through Gufeng.