CL Workshop Group Ltd (NWGL)

CL Workshop Group Limited Receives Nasdaq Notice of Bid Price DeficiencyMay 8, 2026 9:10 AM
PR Newswire (US) NEW YORK, May 8, 2026 /PRNewswire/ -- CL Workshop Group Limited (Nasdaq: NWGL) (the "Company"), a global forestry company that focuses on the timber and wood products industry, today announced that it received a notification letter dated May 6, 2026 from Nasdaq's Listing Qualifications Department indicating that the closing bid price of the Company's American Depositary Shares, each representing eight Class A ordinary shares of the Company ("ADSs"), was below the minimum requirement of US$1.00 per ADS for 30 consecutive business days from March 24, 2026 through May 5, 2026, and the Company is therefore not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2).The notification letter has no immediate effect on the listing of the Company's ADSs, which will continue to trade uninterrupted on Nasdaq under the ticker "NWGL."Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until November 2, 2026, to regain compliance with the minimum bid price rule. If, at any time during the 180-day period, the closing bid price per ADS of the Company's ADSs is US$1.00 or above for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and this matter will be closed.In the event the Company does not regain compliance with the minimum bid price requirement by November 2, 2026, the Company may be eligible for an additional 180 calendar day grace period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse share split and/or changing the ratio of Class A ordinary shares to ADSs, if necessary. If the Company chooses to implement a reverse share split and/or change the ratio of Class A ordinary shares to ADSs, it must complete such action no later than 10 business days prior to November 2, 2026, or the expiration of the second compliance period if granted.This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Company is currently evaluating various options available to regain compliance. The notification letter has no effect at this time on the listing of the Company's ADSs, which will continue to trade uninterrupted on Nasdaq under the ticker "NWGL."About CL Workshop Group LimitedCL Workshop Group Limited is a global forestry company that focuses on the timber and wood products industry. Nature Wood offers a broad line of products, including logs, decking, flooring and sawn timber, primarily through its worldwide sales network.Forward-Looking StatementsThis press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. All forward-looking statements, expressed or implied, in this release are based only on information currently available to us and speak only as of the date on which they are made. Investors can find many, but not all, of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or other similar expressions in this release. Except as otherwise required by applicable law, we disclaim any duty to publicly update any forward-looking statement to reflect events or circumstances after the date of this release.These statements are subject to uncertainties and risks, including, but not limited to, uncertainties related to market conditions, the Company's ability to regain compliance with Nasdaq's minimum bid price requirement, and other factors discussed in our filings with the SEC.Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.For investor and media inquiries, please contact:CL Workshop Group Limited
Name: Wang Hong
Title: CFO
Email: nwglwh@163.com  View original content:https://www.prnewswire.com/news-releases/cl-workshop-group-limited-receives-nasdaq-notice-of-bid-price-deficiency-302766944.htmlSOURCE CL Workshop Group Limited Original: CL Workshop Group Limited Receives Nasdaq Notice of Bid Price Deficiency

Announces Its Strategic Partnership with Guizhou Zhongke Molecular Biotechnology Co., LtdFebruary 23, 2026 5:00 PM
ACCESS NewswireNEW YORK CITY, NY AND MACAU, CHINA / ACCESS Newswire / February 23, 2026 / CL Workshop Group Limited (the "Company") (Nasdaq:NWGL), a global leading vertically-integrated forestry company headquartered in Macau, today announced that it has reached a strategic cooperation with Guizhou Zhongke Molecular Biotechnology Co., Ltd. ("Zhongke Molecular"). Both parties will jointly build and expand the dealer sales system and channel network.Under the cooperation framework, both parties plan to collaborate in areas such as dealer recruitment and access, training and certification, channel policies and compliance management, market support and material empowerment, as well as dealer management processes (including digital management and operational synergy) to enhance the market coverage efficiency and terminal reach capacity in key regions, and promote the large-scale and standardized development of the sales system.About CL Workshop Group LimitedWe are a global leading vertically-integrated forestry company headquartered in Macau that focuses on FSC business operations. Our operations cover both up-stream forest management and harvesting, and down-stream wood-processing and distribution. We offer a broad line of products through our worldwide network. In addition, we intend to capture the significant growth in the carbon market through carbon asset development, carbon trading and other related business by taking the advantage of our own concession rights reserves and professional FSC forest management team.Forward-Looking StatementsThis press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC, which are available for review at www.sec.gov.For investor and media inquiries, please contact:Name: Wang Hong
Title: CFO
Email: nwglwh@163.comSOURCE: CL Workshop Group LtdView the original press release on ACCESS NewswireOriginal: Announces Its Strategic Partnership with Guizhou Zhongke Molecular Biotechnology Co., Ltd

)1.25

$1.36 Canadians are feeezing there rears give them some black coal 

Yo Momma!! Lol 🤣

BAGLICKER...YOU ARE LOST AND HAVE NO CLUE HOW TO TRADE

BAGLICKER...YOU ARE LOST AND HAVE NO CLUE HOW TO TRADE

Fake trade I knew you had it in You!! Something I can respect a little hustler in you!! It took a long time but congratulations!! I'm in the land of the best but regulations destroyed that market here!!

FIND THEM WATER THEM...THEN HARVEST....I'M PLANTING MY NEW CLONES TODAY...CANADA ALLOWS UP TO GROW 4 PLANTS PER HOUSEHOLD...FRUITY PEPPBLES.... GONNA BE LOVELY COME OCTOBER...400 GRAMS A PLANT!

MONSTER GAPA DOO DOO

Blah, blah, blah!! Loan me a billion!! LOL 😂

$NWGL: $6.40000000000000000 babyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy


CHaaaaaaa chinggggggggggggggggggggggggggggg


MONEY Money moneyyyyyyyyyyyyyyyyyyyyyyy


GO $NWGL

Now imagine if you had the guts to take a chance and start loading this a few months ago?? About 2years of gains for you I bet!! I'll never understand it but continue on!! LOL 😂

$NWGL: Now $5 !!!!!!!!!!!!!!!!!

How'm I doing this week so far.......................... not tooooooooooooo shabby ???


GO $NWGL

Did you buy today and if so give me a rough estimate of the risk??

Where are you clown

NWGL china beast

NWGL. Mini China monster

I'M UP AT 5AM AST.....EVERYDAY...I FIND THEM EARLY CLOWN...WATCH AND LEARN ONCE AGAIN CLOWN

At it again I see!! Lol 😂 While you're sleeping I'm up mastering my craft!! See how this works??

NWGL china deserves a monster run

$NWGL: Spiker here........... up to $2.15


How much more can it go........................ been pretty quiet here.


GO $NWGL

NWGL...CHINA PLAY GETTING JIGGY ONCE AGAIN

NWGL..CHINA PLAY JIGGY

$tarted

giddy fields of green has some good posts its new

After the stock started to build up a little, the shorts plunged it back smacking the bid.

We shall see if there is another push back before the day is done

As far as I can see, it looks like IPO lock up expired in March - when stock dropped from $18 to $12

I couldn't find much else to explain the collapse.

Watching to see if a bid at $5 starts and then $5.25 before entering for a possible bounce.

IPO was at $9