WENZHOU, China, Oct. 2, 2023
/PRNewswire/ -- ZK International Group Co.,
Ltd. (Nasdaq: ZKIN) ("ZKIN," "ZK International" or
the "Company"), a leading provider of advanced steel products,
is pleased to announce a significant strategic move to assist with
maintaining its listing on The Nasdaq Stock Market. The Company has
engaged the services of Donohoe Advisory Associates LLC ("Donohoe
Advisory"), a prominent advisory
firm specializing in assisting companies facing challenges related
to Nasdaq listing requirements.
The Engagement:
ZK International Group Co., Ltd. recognizes the importance of
maintaining its listing on Nasdaq and is committed to taking
proactive steps to ensure compliance with the applicable listing
standards.
Expertise and Experience:
Donohoe Advisory, which is made up of a team of former stock
exchange officials, was formed in 2004 by David A. Donohoe, Jr., former Chief Counsel for
the Listing Qualifications Department of The Nasdaq Stock
Market. Donohoe Advisory has represented more than 1,500
companies in stock exchange listing matters since its
formation.
Lead Point of Contact:
Under this engagement, Donohoe Advisory will serve as the lead
point of contact with the NASDAQ Exchange on behalf of ZK
International Group Co., Ltd. Their deep understanding of the
regulatory landscape and precedent-setting cases will provide the
company with the best possible chance of success in addressing any
compliance-related challenges.
Commitment to Shareholders:
ZK International Group Co., Ltd. remains committed to the
interests of its shareholders and recognizes the importance of
maintaining a strong and stable presence on the NASDAQ Exchange.
The decision to engage Donohoe Advisory reflects the company's
dedication to preserving shareholder value and ensuring continued
access to the capital markets.
Forward Momentum:
With this strategic partnership, ZK International Group Co.,
Ltd. is confident in its ability to navigate any challenges related
to NASDAQ listing requirements effectively. The company remains
focused on its core mission of delivering innovative steel products
and solutions to its customers while bolstering its position in the
global marketplace.
For more information please
visit www.ZKInternationalGroup.com. Additionally,
please follow the Company on
Twitter, Facebook, YouTube,
and Weibo. For further information on the Company's SEC
filings please visit www.sec.gov.
About ZK International Group Co., Ltd.:
ZK International Group Co., Ltd. is a China-based
engineering company building and investing in innovative
technologies for the modern world. With a focus on designing and
implementing next-generation solutions through industrial,
environmental and software engineering, ZKIN owns 28 patents, 21
trademarks, 2 Technical Achievement Awards, and 10 National and
Industry Standard Awards.
ZKIN's core business is to engineer and manufacture patented
high-performance stainless steel and carbon steel pipe products
that effectively deliver high quality, highly-sustainable and
environmentally sound drinkable water to the Chinese, Asia and European markets. ZK
International is Quality Management System Certified (ISO9001),
Environmental Management System Certified (ISO1401), and a National
Industrial Stainless Steel Production Licensee. It has
supplied stainless steel pipelines for over 2,000 projects, which
include the Beijing National Airport, the "Water Cube" and "Bird's
Nest", which were venues for the 2008 Beijing Olympics. ZK
International is preparing to capitalize on the $850 Billion
commitment made by the Chinese Government to improve the quality of
water, which has been stated to be 70% unfit for human contact.
About Donohoe Advisory:
Donohoe Advisory Associates LLC will help you go public, get
listed, stay listed and structure financing and acquisition
transactions.
We provide consulting and advisory services to companies and law
firms. In that regard, we have relationships with most of the
largest law firms in the country. We represent more companies
in listing-related matters than any other firm in the country.
Expertise in the field is the core of Donohoe Advisory, formed
in 2004 by David A. Donohoe, Jr.,
former Chief Counsel for the Listing Qualifications Department of
The Nasdaq Stock Market.
Mr. Donohoe is joined by Katherine
Roberson Petty, former Senior Counsel for Nasdaq's Office of
General Counsel, Bruce Poignant,
former NYSE Executive in their Capital Markets Group, Tamara Kondic, former Director in the Listing
Qualifications Department at the Nasdaq Stock Market LLC,
Keely Moxley, former Director in the
Listing Qualifications Department of The Nasdaq Stock Market LLC
and David Compton, former Director
of Corporate Governance Interpretations at Nasdaq.
Our qualifications are unmatched. We have many years of
experience as exchange officials. Further, since
forming Donohoe Advisory in 2004, we have advised hundreds of
companies and law firms in listing related engagements. We invite
you to find out if we have the answers and/or solutions for which
you are looking.
Our Mission
Our mission is to be the preeminent experts on U.S. stock
exchange listing and compliance matters. We expect to be the first
phone call for any company or law firm facing a listing-related
issue or seeking to obtain a U.S. stock exchange listing.
We have extensive experience working with the three major stock
exchanges and our primary charge is to help our clients to
anticipate, avoid and resolve listing related problems.
Donohoe Advisory is a respected advisory firm with a focus on
assisting companies in maintaining and regaining compliance with
national stock exchange listing requirements. With a proven track
record, they provide expert guidance and strategic support to
navigate complex regulatory challenges.
Safe Harbor Statement
This news release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the U.S. Private Securities Litigation Reform Act
of 1995. Without limiting the generality of the foregoing, words
such as "may," "will," "expect," "believe," "anticipate," "intend,"
"could," "estimate" or "continue" or the negative or other
variations thereof or comparable terminology are intended to
identify forward-looking statements. In addition, any statements
that refer to expectations, projections or other characterizations
of future events or circumstances are forward-looking statements.
These forward-looking statements are not guarantees of future
performance and are subject to certain risks, uncertainties and
assumptions that are difficult to predict and many of which are
beyond the control of ZK International. Actual results may
differ from those projected in the forward-looking statements due
to risks and uncertainties, as well as other risk factors that are
included in the Company's filings with the U.S. Securities and
Exchange Commission. Although ZK International believes that
the assumptions underlying the forward-looking statements are
reasonable, any of the assumptions could prove inaccurate and,
therefore, there can be no assurance that the results contemplated
in forward-looking statements will be realized. In light of
the significant uncertainties inherent in the forward-looking
information included herein, the inclusion of such information
should not be regarded as a representation by ZK International or
any other person that their objectives or plans will be achieved.
ZK International does not undertake any obligation to revise the
forward-looking statements contained herein to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
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SOURCE ZK International Group Co., Ltd.