The WeTrade Group (WETG) receives a Nasdaq Non-Compliance Notice
WeTrade Group Inc. (WETG) today that the company received a notification from the NASDAQ on which states that because the company failed to timely file its quarterly report on Form 10-Q for the quarter ended the Company has failed to comply with NASDAQ’s filing requirements set forth in Listing Rule 5250(c)(1). NASDAQ.
This notification from NASDAQ also serves as an official notification that Nasdaq Hearings Board (the “Authority”) will take this non-compliance into account when deciding whether to continue listing the Company on the NASDAQ Capital Market. In accordance with Listing Rule 5810(d), the company must present its views regarding this additional delay to the panel at the hearing. If the Company fails to address this additional issue at its hearing, the Authority will consider the record as presented at the hearing and make its decision based on that information.
The company is in the process of preparing a compliance recovery plan and will submit relevant materials to the compliance restoration committee as soon as possible.
on WeTrade Group Inc.
WeTrade Group Inc. is a diversified global Software-as-a-Service (“SaaS”) technology service provider committed to providing technical support and digital transformation tools to organizations across industries. The four business sectors of Whiterade group are YCloud, WTPay,Y-Health and YG.
YCloud is a small business cloud intelligent platform launched by We trade, serving the global small business industry. YCloud enhances the marketing relationship to users and manage CPS commission earnings through leading technology and big data analysis. It also helps drive scenarios to increase customer revenue through multi-channel data insights, AI fusion and management as well as supply chain system optimization.
Developed independently by the company, WTPay supports multiple online payment methods and eight major digital wallets in more than 100 countries to help customers quickly achieve global collection and payment business.
Y-Health It is the sector focused on the public health business, which is involved in the development of the global business of biological health and medical institutions. currently, Y-Health It mainly focuses on epidemic detection and prevention, daily health care, traditional Chinese medicine, and others.
YG is the new energy business segment that primarily provides tools and technical support to the digital new energy industry in the United States And .
For more information, please visit the website https://ir.wetg.group.