Youngevity
Youngevity International, Inc. Receives Notice of Nasdaq Delisting
Youngevity International, Inc. announced that it has received notice from the Nasdaq Hearings Panel that its company’s securities will be delisted from The Nasdaq Stock Market LLC. This determination was made based upon the company’s non-compliance with the filing requirements set forth in Nasdaq Listing Rule 5250(c)(1) for failing to file its Form 10-K for…
Read MoreYoungevity Announces New Public Accounting Firm, New CFO
Youngevity International, Inc. announced the appointment of MaloneBailey, LLP (“MaloneBailey”) as its new independent registered public accounting firm responsible for auditing its financial statements. The company also announced that William G. Thompson accepted the position of chief financial officer of the company and as a result resigned from the Board of Directors of the company and…
Read MoreYoungevity Receives Nasdaq Staff Determination Letter Regarding Delisting
Youngevity announced that it received a Staff Determination Letter (“September Notification”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”). Youngevity received the letter on September 29, 2020. The letter stated that the Staff of Nasdaq has determined that the Company did not meet the terms of the exception previously granted to it by…
Read MoreYoungevity Receives Additional Nasdaq Notification of Non-Compliance
Youngevity International, Inc.: announced that on August 12, 2020, it received an additional notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, has…
Read MoreYoungevity Receives Additional Nasdaq Notification of Non-Compliance
Youngevity International announced it received an additional letter from The Nasdaq Stock Market indicating it is not in compliance with Nasdaq Listing Rule 5250(c) (1). The letter from the Listing Qualifications Department indicated that Youngevity is not in compliance because its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and Annual Report on…
Read MoreYoungevity Completes Joint Venture for Processing Facility, 2,200 Acres of Hemp Grow
Youngevity International, Inc.announced that its wholly owned subsidiaries have entered into an agreement to acquire Chaguitillo Farms in Nicaragua. The subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc., entered into an agreement with H&H Coffee Group Export Corp and The Nica Hemp Cooperative, Inc to acquire the 2,200-acre farm located in Sebaco-Matagalpa. Plans provide for…
Read MoreYoungevity Receives Letter from Nasdaq Related to Delayed Annual Report
Youngevity International, Inc. (NASDAQ: YGYI), announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market. The letter indicated that, as a result of Youngevity’s delay in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2019, Youngevity is not in compliance with the timely filing requirement for…
Read MoreYoungevity Provides Update on Coronavirus Impact
Youngevity International, Inc. recently provided an update on the impact of the COVID-19 virus on its operations. All three reporting segments of the company have been able to continue operations as each segment falls in the category of an essential business. Although, relative to other businesses effected by COVID-19, the company is able and continues to generate…
Read MoreYoungevity Considers Divestiture of Direct Selling Business
Youngevity® International, Inc. announced the company is exploring the divestiture of its direct selling business unit back to the original founders of the direct selling division. The company, a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, has entered into a non-binding term sheet regarding…
Read MoreYoungevity Reshapes Board of Directors
Youngevity International, Inc. announced changes to its Board of Directors. The company stated that effective February 11, 2020, in order to maintain compliance with the corporate governance requirements of The Nasdaq Capital Market, and specifically Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle…
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