OTC: TJBH

Tengjun Biotechnology Corp.

Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of Tengjun Biotechnology Corp. (OTC: TJBH) resulting from allegations that Tengjun may have issued materially misleading business information to the investing public.

If you purchased Tengjun securities and would like to join the prospective action, please click “Join This Class Action.”

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Details of investigation:

On September 5, 2023, Tengjun announced their previous financial statements on Form 10-K for “the fiscal year ended December 31, 2022, should no longer be relied upon due to accounting methodology errors in such financial statements and that the Board deems it advisable and in the best interests of the Company to restate the financial statements by amending its annual report on Form 10-K for the fiscal year ended December 31, 2022 as soon as reasonably practicable.”

On this news, the price of Tengjun’s American Depository Shares (“ADS”) fell $3.15 per ADS, or 17.64%, to close at $14.71 on September 5, 2023.

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Company Name: Tengjun Biotechnology Corp.
Stock Symbol: TJBH
Class Period: N/A
Court: N/A
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