Yunhong Green CTI receives non-compliance notification from Nasdaq
Company's Compliance Issues: Yunhong Green CTI has been notified by Nasdaq of non-compliance with Listing Standard 5250(c)(1) due to the failure to file its 10-Q for the period ending June 30, 2024, following the suspension of its previous auditor, BF Borgers CPA PC.
Plan to Regain Compliance: The Company is working with its new auditor, Wolf & Company, PC, to complete necessary procedures and intends to submit an updated compliance plan to Nasdaq by September 3, 2024, with a potential appeal option if the plan is not accepted.
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VTI Stock Performance: The Vanguard Total Stock Market ETF (VTI) has increased by 1.15% over the past week and 14.92% year-to-date, with a Moderate Buy rating from analysts and a price target suggesting an 11.18% upside.
Holdings Analysis: VTI's top five holdings with the highest upside potential include Cibus and Biodesix, while those with the greatest downside risk include Wolfspeed and GoPro.
VTI Stock Performance: The Vanguard Total Stock Market ETF (VTI) has increased by 0.34% over the past week and 14.7% year-to-date, with a Moderate Buy consensus from analysts and a price target suggesting an 11.43% upside.
Holdings Analysis: VTI's top five holdings with the highest upside potential include BioAtla and Cibus, while those with the greatest downside risk include Wolfspeed and GoPro; the ETF's Smart Score indicates it may underperform the market.
Earnings Report Overview: Yunhong Green CTI Ltd. reported Q3 earnings with net sales increasing to $2.54 million, but faced a net loss of $1.22 million, highlighting ongoing operational challenges despite a strengthened balance sheet.
Financial Position and Future Plans: The company improved its total assets and reduced liabilities, while management is focused on raising capital and optimizing operations to address liquidity issues, although there are concerns about its ability to continue as a going concern.

Company's Compliance Issues: Yunhong Green CTI Ltd. has been notified by Nasdaq of non-compliance due to the failure to file its 10-Q for June 30, 2024, following the suspension of its prior auditor, BF Borgers CPA PC.
Regaining Compliance Plan: The company is working with a new auditing firm, Wolf & Company, PC, to complete necessary procedures and plans to submit an updated compliance plan to Nasdaq by September 3, 2024, to avoid further penalties.







