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🇺🇸 SECIT TECH PACKAGING, INC.Doubao · 实盘不做把握 7/10不做原因:无法执行
北京时间·🕒 发布 10-09 21:30:12·⟳ 抓取 09:09:44 +1d11h·⚡ 决策 10-11 09:27:37 +17m53s·16.5 天前

IT Tech Packaging(ITP)获NYSE American延期至2027年4月15日补交10-K及两份10-Q,上市地暂保但逾期申报未改

本次8-K是对已知逾期申报的程序性延期确认:边际上消除了即时退市风险(小利好),但三份财报缺失的核心负面事实既存且未解决,无新的基本面增量;ITP为约258万美元市值的仙股级微盘,日均成交额约5.8万美元,买卖价差约5%,10月9日消息当天放量14倍、盘中冲0.17美元后回落收0.15美元,短线edge已被消化,多空均不具可执行性。

📄 原文IT TECH PACKAGING, INC.↗ 原文
----- ea0308205-8k_ittech.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURR…
不做 IT Tech Packaging, Inc.(ITP.US)
程序性延期、无基本面增量且属旧闻延续;市值约258万美元、日均成交约5.8万美元、盘口价差约5%,消息当日已放量冲高回落,多空均无可执行edge
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

结论摘要

ITP获NYSE American延期补报至2027年4月15日,属程序性喘息而非基本面改善,三份财报逾期的根本风险仍在;叠加约258万美元市值、日均成交约5.8万美元的极差流动性及消息当日放量冲高回落,不构成可交易机会。

🔎 新鲜度:最早出现 2026-10-07 · 扩散 low · price-in 风险 high ↗

关键理由

  • 延期获批消除了短期立即退市的尾部风险,但无任何经营或财务数据增量,迟报(.LF)状态与退市悬顶持续至2027年4月
  • 事件当日(10月9日)成交量放大约14倍、盘中高见0.17美元后收于0.15美元,relief交易已在流动性极差的环境中完成定价

主要风险

  • 三份逾期财报一旦披露可能暴露严重财务或审计问题,且到期未补报将触发退市,信息黑箱期方向不可控
  • 仙股级微盘流动性极差(日均成交约5.8万美元、盘口价差约5%),任何方向都面临无法进出和剧烈滑点

反向证据

  • 做多前查反向 · 来源 filing · 日期 2026-10-09 · 影响 invalidates
    三份定期报告同时逾期且公司不保证能在2027年4月前补报,财务黑箱与退市风险未解除,直接否定relief做多逻辑
    检索:IT Tech Packaging delayed 10-K 10-Q reason going concern audit delisting 原文 ↗
  • 做空前查反向 · 来源 filing · 日期 2026-10-09 · 影响 weakens
    本次新事件是延期获批(消除即时退市风险)而非新增利空,原逾期为旧闻,不构成新增强空催化;叠加微盘逼空与流动性风险,不宜开空
    检索:ITP NYSE American extension granted listing continued relief 原文 ↗

先例如何影响了这次决策

对本次决策的影响:未影响结论:在流动性与增量信息均不支持交易的情况下,无需先例即可判定AVOID

方向:无可对照先例;NYSE American迟报延期属高度个案化、低关注的程序性事项

涨幅量级:不足以校准幅度

形态:无样本

工具执行结果 · 成功 2 · 降级 0 · 失败 0 · 取消 0
  1. search_processed_events 成功 stock_tools HTTP · 11 ms
    {"result": "search_processed_events:agent query=`it tech packaging 8-k nyse regulation plan period late filer lf indicator | it tech packaging itp nyse american extension delayed filings april 15 2027`;结构化索引覆盖完整 72 小时;旧记录兼容扫描近 0.0/72 小时、0 条本臂决策(完整),返回 0 条候选。未命中只表示这些 agent query 表达式没有召回候选,不能据此证明消息首发或
  2. stock_quote 成功 stock_tools HTTP · 1,246 ms
    {

原文全文

展开原文 · 12,762 字
----- ea0308205-8k_ittech.htm -----
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
October
7, 2026
IT TECH PACKAGING, INC.
(Exact name of registrant as specified in its charter)
Nevada
(State or other jurisdiction of incorporation)
001-34577
20-4158835
(Commission File Number)
(IRS Employer Identification No.)
Science Park, Juli Road
Xushui District
,
Baoding City
Hebei Province
,
People’s Republic of China
072550
(Address of principal executive offices)
(Zip Code)
(
86
)
312-8698215
(Registrant’s telephone number, including
area code)
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction
A.2. below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
ITP
NYSE
American LLC
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934
(17 CFR §240.12b-2).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act. ☐
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.
As previously disclosed, IT Tech Packaging, Inc. (the “Company”)
received notice from NYSE Regulation that the Company is not in compliance with the continued listing standards of NYSE American LLC (“NYSE
American” or the “Exchange”) as a result of its failure to timely file with the Securities and Exchange Commission (the
“SEC”) its Annual Report on Form 10-K for the year ended December 31, 2025 (the “Form 10-K”), and the Company
subsequently failed to timely file its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 (together
with the Form 10-K, the “Delayed Filings”). Accordingly, the Company is not in compliance with Sections 134 and 1101 of the
NYSE American Company Guide (the “Company Guide”) and is subject to the procedures set forth in Section 1007 of the Company
Guide.
Under Section 1007 of the Company Guide, a company that is unable to
cure a filing delinquency within the initial six-month period of the maximum 12-month cure period is required to submit an extension request
to the Exchange. On October 1, 2026, the Company submitted an extension request to NYSE Regulation, requesting additional time to regain
compliance with the NYSE American continued listing standards. On October 7, 2026, the Company received a letter (the “Extension
Notice”) from NYSE Regulation informing the Company that NYSE Regulation had accepted the extension request and granted the Company
a plan period through April 15, 2027 (the “New Cure Deadline”) to complete the Delayed Filings and any subsequently delayed
filings with the SEC.
NYSE Regulation staff will review the Company periodically for compliance
with adherence to the milestones in the plan. If the Company does not make progress consistent with the plan during the plan period, or
if the Company does not complete the Delayed Filings and any subsequently delayed filings with the SEC by the end of the maximum 12-month
cure period on April 15, 2027, Exchange staff will initiate delisting proceedings as appropriate. The Company may appeal a staff delisting
determination in accordance with Section 1010 and Part 12 of the Company Guide.
The Company’s common stock will continue to be listed and traded
on NYSE American during the plan period pursuant to the extension, subject to the Company’s compliance with the plan and other applicable
continued listing requirements, and will continue to bear a late filer (“.LF”) indicator until the filing delinquency is cured.
The Company is working diligently to complete the Delayed Filings and currently expects to file them on or before the New Cure Deadline;
however, there can be no assurance that the Delayed Filings will be completed within such period or that the Company will regain compliance
with the NYSE American continued listing standards.
On October 9, 2026, as required by Sections 402 and 1009(e) of the
Company Guide, the Company issued a press release announcing that it is not in compliance with the NYSE American continued listing standards
and that its listing is being continued pursuant to an extension, and disclosing the New Cure Deadline. A copy of the press release is
attached hereto as Exhibit 99.1.
Cautionary Statement Regarding Forward-Looking Statements
This Current Report on Form 8-K 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 (the “Exchange Act”), including statements regarding the Company’s ability and expected timing to complete the
Delayed Filings and any subsequently delayed filings by April 15, 2027, to make progress consistent with its plan, to regain compliance
with the NYSE American continued listing standards, and for the Company’s common stock to remain listed on NYSE American. The words
“may,” “could,” “should,” “would,” “believe,” “anticipate,” “estimate,”
“expect,” “intend,” “plan,” “target,” “goal,” and similar expressions are
intended to identify forward-looking statements. These statements are subject to significant risks and uncertainties, many of which are
beyond the Company’s control, and actual results may differ materially from those expressed or implied. Further information regarding
these and other risks is included in the Company’s filings with the SEC, including the “Risk Factors” section of its
most recently filed Annual Report on Form 10-K. The Company undertakes no obligation to update any forward-looking statement, except as
required by law.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed herewith:
Exhibit
Number
Description
99.1
Press Release dated October 9, 2026.
104
Cover Page Interactive Data File (embedded within the
Inline XBRL document)
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
IT TECH PACKAGING, INC.
Date: October 9, 2026
By:
/s/ Zhenyong Liu
Name:
Zhenyong Liu
Title:
Chief Executive Officer
2

----- ea030820501ex99-1.htm -----
EX-99.1
2
ea030820501ex99-1.htm
PRESS RELEASE DATED OCTOBER 9, 2026
Exhibit 99.1
IT Tech Packaging, Inc. Announces NYSE Regulation
Acceptance of Extension Request; Listing Continued Pursuant to Extension Through April 15, 2027
Company granted plan period through April 15,
2027 to complete delayed SEC periodic filings
BAODING, China, October 9, 2026 (PRNewswire)/ -- IT Tech Packaging,
Inc. (NYSE American: ITP) (“ITP” or the “Company”), a leading manufacturer and distributor of diversified paper
products in North China, today announced that it is not in compliance with the continued listing standards of NYSE American LLC (“NYSE
American” or the “Exchange”) and that its listing is being continued pursuant to an extension granted by NYSE Regulation.
The targeted completion date of the plan period (the “New Cure Deadline”) is April 15, 2027.
As previously disclosed, the Company is not in compliance with Sections
134 and 1101 of the NYSE American Company Guide (the “Company Guide”) because it failed to timely file with the U.S. Securities
and Exchange Commission (the “SEC”) its Annual Report on Form 10-K for the year ended December 31, 2025 and its Quarterly
Reports on Form 10-Q for the quarters ended March 31, 2026 and June 30, 2026 (collectively, the “Delayed Filings”).
Pursuant to Section 1007 of the Company Guide, a company that is unable
to cure a filing delinquency within the initial six-month period of the maximum 12-month cure period is required to submit an extension
request. On October 1, 2026, the Company submitted an extension request to NYSE Regulation. On October 7, 2026, the Company received a
letter from NYSE Regulation informing the Company that NYSE Regulation had reviewed and accepted the extension request and granted the
Company a plan period through April 15, 2027 to complete the Delayed Filings and any subsequently delayed filings with the SEC.
NYSE Regulation staff will review the Company periodically for compliance
with adherence to the milestones in the plan. If the Company does not make progress consistent with the plan during the plan period, or
if the Company does not complete the Delayed Filings and any subsequently delayed filings with the SEC by the end of the maximum 12-month
cure period on April 15, 2027, Exchange staff will initiate delisting proceedings as appropriate. The Company may appeal a staff delisting
determination in accordance with Section 1010 and Part 12 of the Company Guide.
The Company’s common stock will continue to be listed and traded
on NYSE American during the plan period, subject to the Company’s compliance with the plan and other applicable continued listing
requirements, and will continue to bear a late filer (“.LF”) indicator until the filing delinquency is cured. The extension
does not have any immediate effect on the listing or trading of the Company’s common stock.
The Company is working diligently to complete the Delayed Filings and
currently expects to file them on or before the New Cure Deadline; however, there can be no assurance that the Company will do so or that
it will regain compliance with the NYSE American continued listing standards.
About IT Tech Packaging, Inc.
Founded in 1996, IT Tech Packaging, Inc. is a
leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with
the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper,
offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP
is located strategically close the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one
of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009. For
more information, please visit: www.itpackaging.cn.
Forward-Looking Statements
This press release contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the Company’s ability and expected
timing to complete the Delayed Filings and any subsequently delayed filings by April 15, 2027, to make progress consistent with its plan,
to regain compliance with the NYSE American continued listing standards, and for the Company’s common stock to remain listed on
NYSE American. Words such as “may,” “could,” “should,” “would,” “will,” “believe,”
“anticipate,” “estimate,” “expect,” “intend,” “plan,” “target,”
“goal,” and similar expressions are intended to identify forward-looking statements. These statements are subject to significant
risks and uncertainties, many of which are beyond the Company’s control, and actual results may differ materially from those expressed
or implied. Further information regarding these and other risks is included in the Company’s filings with the SEC, including the
“Risk Factors” section of its most recently filed Annual Report on Form 10-K. All forward-looking statements speak only as
of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required
by law.
Contacts:
At the Company Email:
ir@itpackaging.cn
Tel: +86 0312 8698215

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