Bowen Acquisition Corp Faces NASDAQ Delisting Due to Non-Compliance with Listing Requirements

Bowen Acquisition Corp has received a delisting notification from Nasdaq due to non-compliance with listing requirements. The company failed to meet the minimum market value of listed securities, publicly held shares, and total shareholders. Bowen may appeal the decision to a Nasdaq Hearings Panel, and the suspension of trading may be stayed pending the hearing. The company is working to consummate a business combination with Shenzhen Qianzhi BioTechnology Co. Ltd. to regain compliance with listing requirements.

Bowen Acquisition Corp (BOWN), a special purpose acquisition company (SPAC) listed on the Nasdaq stock exchange, has received a delisting notification from Nasdaq due to non-compliance with listing requirements. The company failed to meet the minimum market value of listed securities, publicly held shares, and total shareholders, as per Nasdaq's listing standards [1].

The delisting notification was issued on July 15, 2025, and Nasdaq halted trading in Bowen Acquisition Corp (BOWN) at 17:45:19 Eastern Time. Bowen Acquisition Corp has until July 19, 2025, to appeal the decision to a Nasdaq Hearings Panel. If the appeal is successful, the suspension of trading may be stayed pending the hearing [1].

Bowen Acquisition Corp is currently working to consummate a business combination with Shenzhen Qianzhi BioTechnology Co. Ltd. to regain compliance with Nasdaq's listing requirements. The company was incorporated in 2023 and is based in New York, New York. It specializes in soap, detergent, cleaning preparations, perfumes, and cosmetics [1].

The company's stock has shown significant volatility in recent months, with the stock touching a 52-week low of $3.06 on February 14, 2025, and an all-time high of $14 on January 13, 2025. Despite the recent volatility, the company's stock has taken a big hit over the last week, with the stock price today at $13.00 [1].

Bowen Acquisition Corp's fair value is estimated to be $13.00, with a market capitalization of $27.67 million and shares outstanding of 3.01 million. The company's EPS (earnings per share) is $0.0175, with an EPS growth forecast of $0.0175 [1].

References:
[1] https://www.investing.com/equities/bowen-acquisition-unt