Enlightify (NYSE: ENFY) announced on October 27, 2025 that the NYSE began proceedings to delist its common stock after notifying the company on October 13, 2025 that Enlightify no longer met the Section 802.01B continued listing standard requiring a $15,000,000 average global market capitalization over 30 trading days.
The company said it does not intend to appeal. The NYSE is expected to file a Form 25 with the SEC; delisting becomes effective 10 days after that filing. Enlightify expects its common stock to be quoted on OTC Markets under the same ticker (ENFY) and intends to continue filing periodic reports with the SEC.
Positive
- Company will continue SEC periodic reporting
- Shares expected to be quoted on OTC Markets under ticker ENFY
Negative
- NYSE commenced delisting after noncompliance with $15,000,000 market-cap standard
- Company does not intend to appeal the NYSE determination
- Delisting becomes effective 10 days after Form 25 is filed
10/27/2025 – 05:00 PM
XI’AN, CHINA, Oct. 27, 2025 (GLOBE NEWSWIRE) — Enlightify Inc. (NYSE: ENFY) (“Enlightify” or the “Company”), today announced that it has received notification from the New York Stock Exchange (“NYSE”) on October 13, 2025, that the NYSE has determined to commence proceedings to delist the Company’s common stock from the exchange.
The NYSE determined that the Company was no longer in compliance with the continued listing standard set forth in Section 802.01B of the NYSE Listed Company Manual, which requires listed companies to maintain an average global market capitalization average global market capitalization over a consecutive 30 trading day period of at least $15,000,000.
The Company does not intend to appeal the NYSE’s determination. Accordingly, the NYSE is expected to file a Form 25 with the Securities and Exchange Commission (“SEC”) to remove the Company’s common stock from listing and registration on the NYSE. The delisting will become effective 10 days after the Form 25 is filed.
Following the delisting, the Company expects that its common stock will be quoted on the OTC Markets Group Inc. under the same ticker symbol (ENFY). The Company intends to continue to file periodic reports with the SEC under the Securities Exchange Act of 1934, as amended.
For further details, please refer to the current report on Form 8-K filed with the SEC.
About Enlightify Inc.
The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”) and variable interest entities. In 2023, the Company started to purchase digital asset mining machines and established Antaeus Tech Inc. in the State of Delaware and mined digital assets bitcoins in the State of Texas.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the anticipated delisting from the NYSE, potential trading of the Company’s common stock on the OTC market, and the Company’s plans and expectations following such events. These statements are subject to risks and uncertainties that could cause actual results to differ materially. The Company undertakes no obligation to update any forward-looking statements except as required by law.
For more information, please contact:
Enlightify Inc.
Tel: +86-29-88266383
Email: info@cgagri.com
FAQ
When did Enlightify (ENFY) receive NYSE delisting notice?
The company received NYSE notice on October 13, 2025 and announced it on October 27, 2025.
Why is Enlightify (ENFY) being delisted from the NYSE?
The NYSE determined Enlightify no longer met Section 802.01B, which requires a $15,000,000 average global market capitalization over 30 trading days.
Will Enlightify (ENFY) appeal the NYSE delisting decision?
No. The company stated it does not intend to appeal the NYSE determination.
When will the ENFY delisting become effective?
Delisting becomes effective 10 days after the NYSE files Form 25 with the SEC.
Where will Enlightify (ENFY) trade after NYSE delisting?
The company expects its common stock to be quoted on the OTC Markets under the same ticker ENFY.
Will Enlightify continue SEC filings after delisting?
Yes. The company intends to continue filing periodic reports with the SEC under the Exchange Act.
