Universe Pharmaceuticals Inc. (UPC)

Jiangxi, China, March 20, 2025 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (NASDAQ: UPC) (“Universe Pharmaceuticals” or the “Company”), a pharmaceutical producer and distributor in China, today announced that the Company plans to effect a share consolidation of 40 ordinary shares with par value of US$0.28125 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$11.25 (the “Share Consolidation”). As a result of the Share Consolidation, each 40 pre-consolidation ordinary shares outstanding will automatically combine and convert to one issued and outstanding ordinary share without any action on the part of the shareholders.

Ji'an, Jiangxi, China, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (the “Company”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today announced that on February 19, 2025, the Company received a staff determination notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is delinquent in filing its Annual Report on Form 20-F for the fiscal year ended September 30, 2024 (the “Form 20-F”) and that this matter serves as an additional basis for delisting the Company's securities from Nasdaq. The failure to timely file the Form 20-F is a violation of Nasdaq Listing Rule 5250(c)(1).

Ji'an, Jiangxi, China, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (the “Company”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today announced that the Company received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) on January 29, 2025, notifying the Company that the Nasdaq staff has determined to delist the Company's ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”), because the bid price of the Company's listed securities has closed at less than $1 per share over the previous 30 consecutive business days, and therefore no longer complies with the Nasdaq Listing Rule 5550(a)(2) (the “Rule”). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Rule. However, pursuant to the Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Nasdaq Listing Rule 5810(c)(3)(A) due to the fact that the Company effected a reverse stock split on November 18, 2024, or within the prior one-year period.

New York, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of registered direct offering (the “Offering”) of its client Universe Pharmaceuticals INC (NASDAQ: UPC) (the “Company”), a pharmaceutical producer and distributor in China.

Ji'an, Jiangxi, China, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (the “Company”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today announced that the Company received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on October 25, 2024, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on the Nasdaq.

Appearing on the NBS political program ‘People and Power’ yesterday, Joseph Othieno, a candidate for the Uganda People’s Congress (UPC) presidency, painted a picture of the party’s historical journey and his role in shaping its direction as He praised the party’s founder, Milton Obote, for being a key figure in Uganda’s political history, describing him […] The post “I Will Make UPC Great Again!”—UPC Presidential Hopeful Othieno Vows as He Praises Obote’s Legacy appeared first on Watchdog Uganda...

JI'AN, Jiangxi, China, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Universe Pharmaceuticals INC (the “Company,” “we,” “our” and “us”) (Nasdaq: UPC), a pharmaceutical producer and distributor in China, today announced its unaudited financial results for the first six months of fiscal year 2024 ended March 31, 2024.

Uganda People’s Congress (UPC) has tasked President Yoweri Museveni to produce evidence of the 2021 Presidential elections, in which the President recently said his votes were rigged by 1 million votes by the National Unity Platform (NUP). UPC Spokesperson, Sharon Oyat Arach, made the call during a press conference, held at the UPC Head office […] The post UPC Tasks President Museveni to Produce Evidence of Vote Rigging in Courts of Law appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) has raised concerns on the wellbeing of Medical Interns. The UPC concerns were voiced in a statement released on Wednesday, during a Press Conference at the UPC Head Office located on Uganda House in Kampala. “President Yoweri Museveni last week made a pronouncement that there are no funds for medical interns […] The post UPC Concerned over Welfare of Medical Interns appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) has called on the Government to put into place the necessary education and skills development in youth to enable them to grow up as reproductive and responsible citizens. The call was made at a press conference, held on Wednesday at the UPC Head office, located in Uganda House in Kampala City. […] The post UPC Calls on Government to Impact Skills Development Education in Youth appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) on Wednesday raised concerns about the Traffic Police Report that revealed that over 80 people died in road accidents in just a period of one week from 7th – 13th July, 2024. “The Party extends heartfelt condolences to families that lost their loved ones in such fatal accidents and quick recovery to those hospitalized […] The post UPC Raises Red Flag on Road Carnage, City Robberies appeared first on Watchdog Uganda...

The Uganda People’s Congress (UPC) has condemned with strongest terms the immediate re-arrest of Hon. Akamba Paul (Busiki County) by security operatives, immediately the legislature was granted bail by the competent Court of Law on charges of corruption. The condemnation of this act was voiced by UPC in a weekly press briefing held at the […] The post UPC Condemns Re- Arrest of Legislator Released on Bail for Corruption Charges appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) has called on the Government to address workers’ rights during the International Labour Day celebrations, slated for 1st May 2024, at Mukabura Grounds in Fort Portal City. Ms. Arach Oyat Sharon, the UPC Spokesperson, while addressing a media conference in Kampala on Wednesday, said post-covid-19 period took so many businesses out […] The post UPC Calls on Government to Address Workers’ Rights on International Labour Day appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) President, Hon. Jimmy Akena has called upon the Government to place the interest of the common man at the centre, while addressing the ongoing standoff between traders and Uganda Revenue Authority over taxes. Hon. Akena, while addressing a Press Conference in Kampala, said UPC has been keenly following with concern the […] The post Place Interest of the Common Man at the Centre – Jimmy Akena appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) on Monday donated an assortment of foodstuffs, during iftar dinner to Naguru Mosque Muslims in Kampala. Hon. Jimmy Akena was accompanied by UPC Secretary General Fred Ebil, Deputy secretary General Bakabulindi Kigongo, Head of media and communications Faizo Muzeyi and Sulait Kalema, the in charge security at the UPC headquarters among […] The post UPC Donates iftar to Naguru Mosque Muslims appeared first on Watchdog Uganda...

Uganda People’s Congress (UPC) has called upon all Ugandans to donate foodstuffs and other household necessities religiously towards their fellow Muslims, as they approach end of Holy Month of Ramadan fasting period. Ms. Sharon Oyat Arach, the UPC spokesperson made the call during a press briefing at UPC Head office in Kampala on Wednesday. She […] The post UPC calls on Ugandans to donate towards Eid Al-fitr religiously appeared first on Watchdog Uganda...