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Youngevity International Receives Nasdaq Staff Determination Letter Regarding Delisting due to Non-Compliance with Listing Rule 5250(c)(1) and Notification Letter Regarding Non-Compliance with Minimum Bid Price Requirement
SAN DIEGO, Calif. —October 2, 2020 – Youngevity International, Inc.: (NASDAQ: YGYI) (the “Company”), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, today announced that on September 29, 2020 it received a Staff Determination Letter (the “September Notification”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Staff of Nasdaq (the “Staff”) has determined that the Company did not meet the terms of the exception previously granted to it by Nasdaq (the “Exception”) pursuant to the notification letter received by the Company on August 11, 2020. Under the Exception, the Company was obligated to have filed its Annual Report on Form 10-K for the year ended December 31, 2019, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2020 (the “Delinquent Filings”) by September 28, 2020, in order to regain compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”).
Youngevity International Receives Additional Nasdaq Notification Letters Regarding Non-Compliance with Listing Rule 5250(c)(1)
SAN DIEGO, Calif. —August 14, 2020 – Youngevity International, Inc.: (NASDAQ: YGYI) (the “Company”), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise, commercial hemp enterprise and multi-channel lifestyle company, today 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 not been filed on a timely basis with the Securities and Exchange Commission. As a result of this additional delinquency, the Company must submit to Nasdaq an update to its original plan to regain compliance with respect to the filing requirement.
Youngevity International, Inc. Announces Declaration of Monthly Dividend for 3rd Quarter 2020 for Series “D” Cumulative Redeemable Perpetual Preferred Stock
SAN DIEGO, Calif. —July 20, 2020 – Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the declaration of its regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ:YGYIP) for each of July, August and September 2020. The dividend will be payable on August 17, September 15, and October 15, 2020 to holders of record as of July 31, August 31 and September 30, 2020. The dividend will be paid in cash.
