Research analysts covering Hongli Group.
Recent press releases and 8-K filings for HLP.
Hongli Group Inc. Regains Nasdaq Minimum Bid Price Compliance
HLP
Delisting/Listing Issues
- Hongli Group Inc. (HLP) previously received a deficiency letter from Nasdaq on July 10, 2025, for non-compliance with the $1.00 minimum bid price requirement.
- On October 3, 2025, the Company received a notification from Nasdaq stating that it had regained compliance with the Minimum Bid Price Requirement.
- This compliance was achieved after the Company's ordinary shares traded at $1.00 per share or greater for 12 consecutive business days from September 16, 2025, to October 1, 2025, and the matter is now closed.
Oct 7, 2025, 1:01 PM
Hongli Group Inc. Reports Improved H1 2025 Financials Amidst Nasdaq Delisting Notice
HLP
Earnings
Delisting/Listing Issues
Debt Issuance
- Hongli Group Inc. reported a net income of $0.99 million for the six months ended June 30, 2025, a significant improvement from a net loss of $1.90 million in the prior year period, with basic and diluted earnings per share of $0.01.
- Revenues increased by 37.7% to $9,587,978 for the six months ended June 30, 2025, compared to $6,962,241 for the same period in 2024.
- The company's working capital decreased by 52% to approximately $1.8 million as of June 30, 2025, from $3.7 million as of December 31, 2024, primarily due to the reclassification of a $3.3 million long-term loan to a short-term loan.
- On July 10, 2025, Hongli Group Inc. received a Nasdaq deficiency letter for not maintaining a minimum bid price of $1.00 per share for continued listing.
Sep 30, 2025, 5:29 PM
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