Youngevity International, Inc. Completes Restatement of its Previously Issued Quarterly Financial Statements for 2019. Audit Work Has Begun on 2020 Financial Results

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Youngevity International, Inc. (OTCM: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a direct marketing enterprise, and a commercial hemp enterprise, today reported the completion of the restatement of its previously issued quarterly financial statements for the year ended December 31, 2019.

Youngevity International, Inc. Receives Notice of Nasdaq Delisting

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SAN DIEGO, Calif. —November 19, 2020- Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced that the Company received notice on November 18, 2020 from the Nasdaq Hearings Panel (the “Panel”) that it has determined to delist the Company’s securities from The Nasdaq Stock Market LLC (“Nasdaq”) based upon the Company’s non-compliance with the filing requirements set forth in Nasdaq Listing Rule 5250(c)(1) for failing to file its Form 10-K for the year ended December 31, 2019, and Forms 10-Q for the periods ended March 31, 2020 and June 30, 2020. As a result of the Panel’s decision, Nasdaq will suspend trading in the Company’s securities effective at the open of business on Friday, November 20, 2020 and indicated that it intends to file a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”), notifying the SEC of Nasdaq’s determination to remove the Company’s securities shares from listing on Nasdaq under Section 12(b) of the Securities Exchange Act of 1934, as amended.

CLR Roasters Adds Unified Wholesale Grocers as Distributor of Café La Rica Espresso Brand

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Youngevity International, Inc. (Nasdaq: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and commercial hemp production, today announced that its wholly-owned subsidiary CLR Roasters has added Unified Wholesale Grocers as a distributor, expanding its distribution of its Café La Rica brand to Florida’s Gold Coast, including Palm Beach,  Broward, Miami-Dade, and Monroe Counties.  Unified Wholesale Grocers services the needs of boutique and small independent supermarkets, convenience stores, and bodegas in the southern geographical area of Florida.  Unified Wholesale Grocers has already purchased over four truckloads of Café La Rica expresso for its customers.

Youngevity International Receives Additional Nasdaq Notification Letters Regarding Non-Compliance with Listing Rule 5250(c)(1)

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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.

CLR Roasters Inks 5 Year Distribution Deal for the Sale of its Espresso Brands into the Country of Panama

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Youngevity International, Inc. (Nasdaq: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and commercial hemp production today announced that its wholly-owned subsidiary CLR Roasters has signed a 5 year contract with H&H Coffee Group Export Corp.to sell CLR’s espresso brands, Café La Rica and Café Cachita into Panama. Terms are C.O.D. and F.O.B. Miami, with the initial order of approximately 60,000 units of Café Cachita Espresso bricks expected to ship this week, and a second order of the brand Café La Rica of the same amount planned within 14 days thereafter.  

Youngevity International Receives Additional Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

Press Releases

Youngevity International, Inc.: (NASDAQ: YGYI),, 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 it received an additional letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that Youngevity’s is not in compliance with NASDAQ Listing Rule 5250(c) (1) because its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “Form 10-Q”) and Annual Report on Form 10-K for the year ended December 31, 2019 (the “Form 10-K”) have not been filed on a timely basis with the Securities and Exchange Commission.