ZK International Group 6-K Report: Nasdaq Compliance Achieved by February 2025

Key Information from the Financial Report:

1. Company Overview:

• Name: ZK International Group Co., Ltd.
• Address: c/o Zhejiang Zhengkang Industrial Co., Ltd., No. 678 Dingxiang Road, Binhai Industrial Park, Economic & Technology Development Zone, Wenzhou, Zhejiang Province, People’s Republic of China.

2. Filing Type:

• Form: 6-K
• Commission File Number: 001-38146
• Reporting Period: February 2025

3. Nasdaq Compliance Update:

• The company previously received a notice on February 15, 2024, regarding non-compliance with Nasdaq Listing Rule 5550(a)(2), which requires maintaining a minimum bid price of $1.00 per share for at least 10 consecutive business days.
• The company was granted extensions to regain compliance, with the final deadline set for February 10, 2025.

4. Regained Compliance:

• On February 14, 2025, Nasdaq notified the company that it had regained compliance with the minimum bid price requirement, as the closing bid price was at or above $1.00 per share for the last 10 consecutive business days (from January 31, 2025, to February 13, 2025).
• The previous bid price deficiency matter is now considered closed by Nasdaq.

5. Press Release:

• A press release was issued on February 24, 2025, announcing that ZK International Group Co., Ltd. resolved the Nasdaq bid price deficiency and remains in compliance with Nasdaq listing standards.

6. Signature:

• The report is signed by Jiancong Huang, Chief Executive Officer and Chairman of the Board, on February 24, 2025.

Insights:

• ZK International Group Co., Ltd. has successfully navigated compliance issues with Nasdaq, which is critical for maintaining its listing and investor confidence.
• The ability to regain compliance with the minimum bid price requirement indicates a potential recovery in the company’s stock performance.
• The company’s proactive communication through a press release enhances transparency and may positively influence investor sentiment.