Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On November 22, 2022, China Green Agriculture, Inc. (the "Company") received a notice from the New York Stock Exchange (the "NYSE") indicating that the Company is not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2022 (the "Form 10-Q").

As reported by the Company in its Form 12b-25 filed with the Securities and Exchange Commission (the "SEC") on November 15, 2022, the Company was unable to file the Form 10-Q within the prescribed time period without unreasonable effort or expense. The extension period provided under Rule 12b-25 expired on November 21, 2022. The Company is unable to meet the filing deadline for the filing of its Form 10-Q due to circumstances related to COVID-19. In the year of 2022, more pandemic restrictions had been tightened throughout China to control the spread of COVID-19 in the community. As the Company's primary business is conducted in China, its operations had been impacted due to the pandemic restrictions. The Company is currently working closely with its principal accounting firm to complete the filing of its Form 10-Q as soon as reasonably practicable.

The NYSE has informed the Company that, under the NYSE's rules, the Company will have six months from the filing due date to file its Form 10-Q for the period ended September 30, 2022. The Company can regain compliance with the NYSE listing standards during this six-month period when the Company files its Form 10-Q with the SEC. If the Company fails to file its Form 10-Q within such six-month period, the NYSE may, in its sole discretion, allow the Company's common stock to trade for up to an additional six months depending on specific circumstances. Until the Company files its Form 10-Q for the period ended September 30, 2022, the Company's common stock will remain listed on the NYSE under the symbol "CGA" and will be assigned a "LF" indicator to signify late filing status.

As noted above, the Company is working diligently to complete its Form 10-Q to regain compliance with the NYSE continued listing standards.




Item 8.01 Other Events.


In accordance with the NYSE's procedures, the Company issued a press release announcing the receipt of the NYSE letter dated November 22, 2022. Attached as Exhibit 99.1 hereto, and incorporated herein by reference, is a copy of the Company's press release dated November 30, 2022, announcing the receipt of the NYSE letter.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.



EXHIBIT NO.                                   DESCRIPTION

99.1            Press Release dated November 30, 2022.
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)




                                       1

© Edgar Online, source Glimpses