ReTo Eco-Solutions ( (RETO) ) just unveiled an announcement.
ReTo Eco-Solutions, Inc. announced that it has regained compliance with Nasdaq’s minimum bid price requirement as of March 28, 2025, following a hearing with the Nasdaq Hearings Panel. The company will be under a one-year Discretionary Panel Monitor to ensure continued compliance. Additionally, ReTo entered into a securities purchase agreement on April 2, 2025, to sell 452,128 Class A shares for $1,700,000, with plans to use the proceeds for future mergers, acquisitions, and working capital.
More about ReTo Eco-Solutions
ReTo Eco-Solutions, Inc., founded in 1999, is a Chinese company specializing in the research, development, manufacture, and sale of ecological environment protection equipment and intelligent equipment. The company offers consultation, design, implementation, installation, engineering support, and technical services related to its products.
YTD Price Performance: -60.65%
Average Trading Volume: 412,380
Technical Sentiment Signal: Strong Buy
Current Market Cap: $10.74M
Learn more about RETO stock on TipRanks’ Stock Analysis page.