0001213900-23-043713.txt : 20230530 0001213900-23-043713.hdr.sgml : 20230530 20230530083003 ACCESSION NUMBER: 0001213900-23-043713 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230530 FILED AS OF DATE: 20230530 DATE AS OF CHANGE: 20230530 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ReTo Eco-Solutions, Inc. CENTRAL INDEX KEY: 0001687277 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] IRS NUMBER: 000000000 STATE OF INCORPORATION: D8 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38307 FILM NUMBER: 23971560 BUSINESS ADDRESS: STREET 1: C/O BEIJING REIT TECH DEVELOP CO. LTD. STREET 2: X-702, 60 ANLI ROAD, CHAOYANG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100001 BUSINESS PHONE: (86) 10-64827328 MAIL ADDRESS: STREET 1: C/O BEIJING REIT TECH DEVELOP CO. LTD. STREET 2: X-702, 60 ANLI ROAD, CHAOYANG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100001 6-K 1 ea179427-6k_retoeco.htm REPORT OF FOREIGN PRIVATE ISSUER

 

 

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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2023

 

Commission file number: 001-38307

 

RETO ECO-SOLUTIONS, INC.

(Registrant’s name)

 

c/o Beijing REIT Technology Development Co., Ltd.

X-702, 60 Anli Road, Chaoyang District, Beijing

People’s Republic of China 100101

(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 ☒       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): ☐

 

 

  

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

As previously disclosed, on June 3, 2022, ReTo Eco-Solutions, Inc., a British Virgin Islands business company (the “Company”), received a letter from The Nasdaq Stock Market LLC. (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”).

 

The Company was provided 180 calendar days, or until November 30, 2022, to regain compliance with the Minimum Bid Price Rule. The Company was unable to regain compliance with the Minimum Bid Price Rule, and on December 1, 2022, Nasdaq issued a second notification letter and granted the Company an additional 180 calendar days, or until May 30, 2023, to regain compliance.

 

Since then, Nasdaq has determined that for 10 consecutive business days, from May 15, 2023 to May 25, 2023, the closing bid price of the Company’s common shares has been at $1.00 per share or greater. On May 26, 2023, Nasdaq notified the Company that it has regained compliance with Listing Rule 5550(a)(2) and the matter is now closed.

 

On May 30, 2023, the Company issued a press release titled “ReTo Regained Compliance with Nasdaq’s Minimum Bid Price Requirement.” A copy of that press release is attached as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K and is incorporated by reference herein.

 

INCORPORATION BY REFERENCE

 

This Report on Form 6-K, including Exhibit 99.1 hereto, shall be deemed to be incorporated by reference into each of (i) the registration statement on Form F-3, as amended (File No. 333-267101) of the Company, (ii) the registration statement on Form S-8, as amended (File No. 333-270355), of the Company and (iii) the registration statement on Form S-8, as amended (File No. 333-264499), of the Company and to be a part thereof from the date on which this Report is furnished, to the extent not superseded by documents or reports subsequently filed or furnished.

 

1 

 

 

EXHIBIT INDEX

 

Exhibit   Description
99.1   Press Release issued by the Company on May 30, 2023.

 

2 

 

 

SIGNATURE

 

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.

 

  RETO ECO-SOLUTIONS, INC.
     
Dated: May 30, 2023 By: /s/ Hengfang Li
    Hengfang Li
    Chief Executive Officer

 

 

3

 

 

EX-99.1 2 ea179427ex99-1_retoeco.htm PRESS RELEASE ISSUED BY THE COMPANY ON MAY 30, 2023

Exhibit 99.1

 

ReTo Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

 

BEIJING, CHINA – May 30, 2023 – ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (“ReTo” or the “Company”), a provider of technology solutions and operation services for intelligent ecological environments and roadside assistance services and software development services in China, today announced that on May 26, 2023, it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) confirming the Company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2). Nasdaq has noted that this matter is now closed.

  

About ReTo Eco-Solutions, Inc.

 

Founded in 1999, ReTo, through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company, through its operating subsidiaries in China, is engaged in the manufacture and distribution of eco-friendly construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings), as well as equipment used for the production of these eco-friendly construction materials. In addition, the Company provides consultation, design, project implementation and construction of urban ecological protection projects and parts, engineering support, consulting, technical advice and service, and other project-related solutions for its manufacturing equipment and environmental protection projects. The Company also offers roadside assistance services and software development services utilizing Internet of Things technologies. For more information, please visit: http://en.retoeco.com.

  

For more information, please contact:

 

ReTo Eco-Solutions, Inc.

Angela Hu

Beijing Phone: +86-010-64827328

ir@retoeco.com or 310@reit.cc