Hongli Group Inc. Announces Compliance with Nasdaq Minimum Bid Price Requirement

WEIFANG, CHINA, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Hongli Group Inc. (Nasdaq: HLP) (the “Company”) today announces that on October 3, 2025, the Company received a notification letter from Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”), dated October 2, 2025, stating that the Company has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share of its Ordinary Shares for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Nasdaq made this determination of compliance after the closing bid price of the Company’s ordinary shares (“Ordinary Shares”) has been trading at $1.00 per share or greater for the last 12 consecutive business days from September 16, 2025 to October 1, 2025. Accordingly, Nasdaq has considered that the Company has regained compliance with the Minimum Bid Price Requirement and this matter has been resolved.