Enlightify Inc. Informs NYSE of Plan to Address Price Deficiency
XI’AN, CHINA, Sept. 10, 2025 — Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”) has informed the New York Stock Exchange (“NYSE”) of its intention to remedy the price deficiency that occurred because the 30-trading-day average closing price per share of the Company’s common stock fell below $1.00, which is the mandated minimum average share price for continued listing under NYSE regulations.
According to NYSE rules, the Company has a six-month period (which may be extended) to regain compliance with this ongoing listing standard and prevent delisting.
The Company’s common stock remains listed and traded on the NYSE, provided the Company complies with other NYSE continued listing requirements. The NYSE notification does not impact the Company’s business operations or its Securities and Exchange Commission reporting obligations. Furthermore, the NYSE notification does not violate or trigger a default event under any of the Company’s significant debt arrangements or other agreements.
About Enlightify Inc.
The Company manufactures and distributes humic acid-based compound fertilizers, various other compound fertilizers, and agricultural products through its wholly owned subsidiaries, namely: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”), and variable interest entities. In 2023, the Company commenced purchasing digital asset mining machines and established Antaeus Tech Inc. (“Antaeus”) in the State of Delaware, subsequently mining digital assets (bitcoins) in the State of Texas.
Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995 regarding the Company’s business, products, and financial performance. The Company’s actual results may differ substantially from those projected in these forward-looking statements due to a range of risk factors, including, but not limited to, the following: general economic, business, and environmental conditions; development, shipment, market acceptance, and increased competition from existing and new rivals; fluctuations in interest rates and currency exchange rates; the effects of the recent global novel coronavirus disease (COVID-19) outbreak; technological advancements and new products introduced by competitors; challenges inherent in new product development; the Company’s capability to accurately forecast future market conditions; manufacturing difficulties or delays; financial instability in economies and sovereign risk; reliance on the effectiveness of the Company’s protections for innovative products; exposure to litigation and/or regulatory actions; and various other factors beyond the Company’s control. All forward-looking statements are explicitly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company’s reports filed with the SEC. Enlightify assumes no obligation to revise or update any forward-looking statements to reflect events or circumstances occurring after the date of this release, except where required by applicable law or regulations.
For more information, please contact:
Enlightify Inc.
Tel: +86-29-88266383
Email:
SOURCE Enlightify Inc.