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MISSFRESH LIMITED

(MF)
  Report
Delayed Nasdaq  -  11:52:22 2023-02-08 am EST
1.710 USD   +0.59%
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Missfresh Regains Compliance with Nasdaq Periodic Filing Requirement

11/16/2022 | 05:30am EST

BEIJING, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Missfresh Limited (Nasdaq: MF) (“Missfresh” or the “Company”), an innovator in China’s neighborhood retail industry, today announced that it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated November 15, 2022 (the “Compliance Notification”), indicating that the Company regained compliance with the periodic filing requirement for Nasdaq under Listing Rule 5250(c)(1) (the “Periodic Filing Requirement”) and the matter is now closed.

As previously announced, on May 19, 2022, the Company was notified by Nasdaq that it was not in compliance with the Periodic Filing Requirement due to the failure to timely file its annual report on Form 20-F for the fiscal year ended December 31, 2021 (the “2021 Form 20-F”) with the Securities and Exchange Commission (the “SEC”). On July 15, 2022, the Company submitted a plan to regain compliance with the Nasdaq Listing Rules and was granted an extension until November 14, 2022 to regain compliance.

On November 14, 2022, the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC. As a result, the Company regained compliance with the Periodic Filing Requirement, and the matter is closed.

For investor and media inquiries, please contact:

In China:
Missfresh Limited
Investor Relations
Tel: +86 (10) 5954-4422
Email: ir@missfresh.cn

The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: missfresh@tpg-ir.com

In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: missfresh@tpg-ir.com


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Source: Missfresh Limited

2022 GlobeNewswire, Inc., source Press Releases

All news about MISSFRESH LIMITED
2022Missfresh : UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS - Form 6-K
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2022Missfresh Limited Reports Earnings Results for the Half Year Ended June 30, 2022
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2022Missfresh Regains Nasdaq Compliance on Periodic Filing Requirement
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Analyst Recommendations on MISSFRESH LIMITED
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Financials
Sales 2021 6 952 M 1 024 M 1 024 M
Net income 2021 -3 850 M -567 M -567 M
Net cash 2021 387 M 57,0 M 57,0 M
P/E ratio 2021 -1,04x
Yield 2021 -
Capitalization 90,6 M 13,3 M 13,3 M
EV / Sales 2020 -
EV / Sales 2021 1,02x
Nbr of Employees 1 925
Free-Float 12,2%
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 11,54 CNY
Average target price 1 410,99 CNY
Spread / Average Target 12 122%
EPS Revisions
Managers and Directors
Xu Zheng Chairman & Chief Executive Officer
Shun Lam Tang Independent Director
Jia He Independent Director
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