{"id":9993,"date":"2021-05-24T12:21:16","date_gmt":"2021-05-24T16:21:16","guid":{"rendered":"https:\/\/www.silverlaw.com\/blog\/?p=9993"},"modified":"2021-05-24T12:21:16","modified_gmt":"2021-05-24T16:21:16","slug":"silver-law-group-investigating-wunong-net-technology-company-limited-wnw","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-wunong-net-technology-company-limited-wnw\/","title":{"rendered":"Silver Law Group Investigating Wunong Net Technology Company Limited (WNW)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-9994 size-full\" src=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/05\/Wunong-Net-Technology-WNW.jpg\" alt=\"Wunong Net Technology Company Limited, Inc. (WNW) (&quot;Wunong&quot; or the &quot;Company&quot;) is being investigated by Silver Law Group regarding potential claims for investors in the company to recover losses. The investigation concerns potential violations of the federal securities laws.  If you have losses from investing in Wunong Net Technology Company Limited (WNW) contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at ssilver@silverlaw.com.  Wunong received written notification from the NASDAQ Stock Market LLC that because the company failed to file it\u2019s annual report on Form 20F for the year ending on December 31, 2020, it was no longer in compliance with Listing Rule 5250(c)(1) for continued listing.  NASDAQ\u2019s rules give the Company 60 calendar days to submit their plan to regain compliance. Should the plan be accepted, NASDAQ will grant the company an extension of up to 180 calendar days from the filing\u2019s due date to regain compliance. In Wunong\u2019s case, this would be November 15, 2021.  The company issued a press release announcing the notification from NASDAQ on May 19, 2021. In it, the Company advised its investors that it is \u201cworking aggressively to complete its audit,\u201d submit its Form 20-F and regain compliance with NASDAQ\u2019s requirements on or before the deadline. However, after the press release, Wunong\u2019s stock price fell sharply during trading on May 20, 2021.  Just two months before, trading of Wunong\u2019s stock increased around 27% after social media talk about the company, similar to the recent increases for Gamestock and AMC Theaters on Reddit. However, this may be investors looking for a repeat of these anomalies.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/05\/Wunong-Net-Technology-WNW.jpg 300w, https:\/\/www.silverlaw.com\/blog\/wp-content\/uploads\/2021\/05\/Wunong-Net-Technology-WNW-180x120.jpg 180w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Wunong Net Technology Company Limited, Inc. (WNW) (&#8220;Wunong&#8221; or the &#8220;Company&#8221;) is being investigated by Silver Law Group regarding potential claims for investors in the company to recover losses. The investigation concerns potential violations of the federal securities laws.<\/p>\n<p><strong>If you have losses from investing in Wunong Net Technology Company Limited (WNW) contact Silver Law Group for a no-cost consultation at (800) 975-4345 or at <\/strong><a href=\"mailto:ssilver@silverlaw.com\" target=\"_blank\"><strong>ssilver@silverlaw.com<\/strong><\/a><strong>. <\/strong> <a href=\"https:\/\/www.silverlaw.com\/blog\/silver-law-group-investigating-wunong-net-technology-company-limited-wnw\/#more-9993\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wunong Net Technology Company Limited, Inc. (WNW) (&#8220;Wunong&#8221; or the &#8220;Company&#8221;) is being investigated by Silver Law Group regarding potential claims for investors in the company to recover losses. The investigation concerns potential violations of the federal securities laws. If you have losses from investing in Wunong Net Technology Company Limited (WNW) contact Silver Law [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[602],"tags":[],"class_list":["post-9993","post","type-post","status-publish","format-standard","hentry","category-class-action"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Silver Law Group Investigating Wunong Net Technology Company (WNW)<\/title>\n<meta name=\"description\" content=\"Wunong Net Technology Company Limited (WNW) is being investigated by Silver Law Group for potential claims for investors to recover losses.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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