The Business means to gain back compliance with the NYSE American continued listing requirements. There can be no guarantee that the Business will eventually gain back compliance with all relevant NYSE American listing requirements.
About IT Tech Product Packaging, Inc.
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BAODING, China, April 20, 2026/ PRNewswire/– IT Tech Product Packaging Inc. (NYSE: ITP) (” IT Tech Product packaging” or the “Business”), a leading maker and supplier of varied paper items in North China, got a main notification of noncompliance (the “NYSE American Notification”) from NYSE Policy (” NYSE”) mentioning that the Business is not in compliance with NYSE American continued listing requirements (the “Filing Delinquency Alert”) due to the failure to prompt file the Business’s Type 10-K for the year ended December 31, 2025 (the “Overdue Report”) by the filing due date of April 15, 2026 (the “Filing Delinquency”).
The Business is now based on the treatments and requirements stated in Area 1007 of the NYSE American Business Guide (the “Business Guide”). Within 5 days of the date of the Filing Delinquency Alert, the Business was needed to (a) contact the NYSE to go over the status of the Overdue Report and (b) release a news release divulging the event of the Filing Delinquency, the factor for the Filing Delinquency and, if understood, the expected date such Filing Delinquency will be treated through the filing or refiling of the relevant report, as the case might be. The NYSE American Notification has no instant impact on the listing or trading of the Business’s typical stock on NYSE American.
Throughout the six-month duration from the date of the Filing Delinquency (the “Preliminary Remedy Duration”), the NYSE will keep an eye on the Business and the status of the Overdue Report and any subsequent postponed filings, consisting of through contact with the Business, till the Filing Delinquency is treated. If the Business stops working to treat the Filing Delinquency within the Preliminary Remedy Duration, the NYSE may, in the NYSE’s sole discretion, permit the Business’s securities to be traded for approximately an extra six-month duration (the “Extra Remedy Duration”) depending upon the Business’s particular situations. If the NYSE identifies that an Extra Remedy Duration is not proper, suspension and delisting treatments will start in accordance with the treatments set out in Area 1010 of the Business Guide. If the NYSE identifies that an Extra Remedy Duration of approximately 6 months is proper and the Business stops working to submit its Lawbreaker Report and any subsequent postponed filings by the end of that duration, suspension and delisting treatments will usually start.
Regardless of the foregoing, nevertheless, the NYSE might in its sole discretion choose (i) not to pay for the Business any Preliminary Remedy Duration or Extra Remedy Duration, as the case might be, at all or (ii) at any time throughout the Preliminary Remedy Duration or Extra Remedy Duration, to truncate the Preliminary Remedy Duration or Extra Remedy Duration, as the case might be, and right away start suspension and delisting treatments if the Business goes through delisting pursuant to any other arrangement of the Business Guide, consisting of if the NYSE thinks, in the NYSE’s sole discretion, that continued listing and trading of the Business’s securities on the NYSE is inadvisable or baseless in accordance with Areas 1001-1006 of the Business Guide.
Referral is made to the Business’s Alert of Late Filing on Type 12b-25 (submitted with the SEC on March 31, 2026), which explained the situations resulting in the late filing of the Overdue Report. The Overdue Report might not be submitted within the proposed period due to the reality that the Business was not able to complete its monetary outcomes along with the disclosure requirements of the Overdue Report without unreasonable expenditure or effort. As an outcome, the Business might not get and get the needed evaluation of the Overdue Report in a prompt style prior to the due date of the Overdue Report. Extra time is required by the Business to finish its evaluation of the monetary declarations consisted of in the Overdue Report to guarantee a total, precise Overdue Report. The Business means to submit the Overdue Report as quickly as practicable and in any occasion within the six-month duration.
Established in 1996, IT Tech Product Packaging, Inc. is a leading maker and supplier of varied paper items in North China. Utilizing recycled paper as its main basic material (with the exception of its tissue paper items), ITP produces and disperses 3 classifications of paper items: corrugating medium paper, balance out printing paper and tissue paper items. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP lies tactically close the Beijing and Tianjin area, home to a growing base of commercial and production activities and among the biggest markets for paper items intake in the nation. ITP has actually been noted on the NYSE American considering that December 2009. To find out more, please check out: www.itpackaging.cn.
This news release consists of positive declarations within the significance of the Personal Securities Lawsuits Reform Act of 1995, as changed. Particular of these positive declarations can be recognized by the usage of words such as “thinks,” “anticipates,” “means,” “strategies,” “quotes,” “presumes,” “may,” “should,” “will,” “looks for,” or other comparable expressions. Such declarations might consist of, however are not restricted to, declarations concerning the Business’s strategy to submit the Overdue Report within the Preliminary Remedy Duration to gain back compliance with the NYSE American continued listing requirements. Positive declarations are declarations that are not historic truths. Such positive declarations undergo threats and unpredictabilities, which might trigger real outcomes to vary from the positive declarations. Aspects that might trigger such distinctions consist of, without constraint, the Business’s capability to submit the Overdue Report within the Preliminary Remedy Duration to gain back compliance with the NYSE American continued listing requirements, and other threats and unpredictabilities showed from time to time in filings with the Securities and Exchange Commission (” SEC”), consisting of the Business’s Yearly Report on Type 10-K for the ended December 31, 2024, under the heading “Threat Aspects,” and other files the Business has actually submitted, or will submit, with the SEC. Readers are warned not to position unnecessary dependence upon any positive declarations, which speak just since the date made. The Business specifically disclaims any commitments or carrying out to launch openly any updates or modifications to any positive declarations included herein to show any modification in the Business’s expectations with regard thereto or any modification in occasions, conditions or situations on which any declaration is based.