Missfresh announced that the business acquisition under the equity financing and share purchase agreement previously announced on August 3, 2023, as well as the transaction under the share transfer agreement announced on August 7, 2023, have been terminated. On November 15, the Nasdaq Hearing Panel notified Missfresh that it had decided to delist the company’s securities from Nasdaq Stock Market LLC and suspend trading of those securities effective at the open of business on Friday, November 17. After the expiration of the applicable appeal period, Nasdaq will file a Form 25 delisting notification with the U.S. Securities and Exchange Commission to complete the delisting process.