Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
23 Octubre 2023 - 10:29AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN
PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH
OF October 2023
COMMISSION FILE NUMBER 000-51576
ORIGIN AGRITECH
LIMITED
(Translation of registrant's name into English)
No. 21 Sheng
Ming Yuan Road, Changping District, Beijing 102206
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F x Form
40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange
Act of 1934.
Yes ¨ No
x
If "Yes" is marked, indicate below the file number assigned
to the registrant in connection with Rule 12g3-2(b): 82-________
Origin Agritech in Non- Compliance
with NASDAQ Market Value of Listed Securities
On July
10, 2023, Origin Agritech Ltd. (the “Company”) received a letter from the NASDAQ Stock Market (“NASDAQ”) notifying
the Company that it currently did not meet the minimum market value of listed securities requirements of having a market value of listed
securities equal to or greater than $35 million (based upon the total ordinary shares outstanding multiplied by the closing bid price).
Therefore, the Company was not in compliance with the continued listing rules of NASDAQ set forth in NASDAQ Listing Rules either 5550(b)(2).
The non-compliance period was from May 24, through July 7, 2023.
According
to the letter, the Company has until January 8, 2024 to achieve compliance with the market value requirement for continued listing. In
the event the Company does not regain compliance with the rule prior to the expiration of the compliance period, it will receive additional
written notification that its securities will be subject to delisting. At that time, the Company may appeal the delisting determination
to a hearing panel.
If at
any time prior to January 8, 2024, the market value of the listed securities equals $35 million or more for a minimum of ten consecutive
business days, the Company will regain compliance with the particular continued listing requirement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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ORIGIN AGRITECH LIMITED |
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By: |
/s/ Han Gengchen |
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Name: |
Han Gengchen |
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Title: |
Chief Executive Officer |
Dated: October 23, 2023
Origin Agritech (NASDAQ:SEED)
Gráfica de Acción Histórica
De Dic 2024 a Ene 2025
Origin Agritech (NASDAQ:SEED)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025