CL Workshop Group Limited filings document the company’s foreign private issuer disclosures on Form 6-K, including current reports furnished under Exchange Act Rule 13a-16. The records cover unaudited interim results for its forestry and wood-products business, American depositary shares representing Class A ordinary shares, and Nasdaq minimum-bid-price compliance communications.
The filings also record corporate governance and capital-structure changes from its former Nature Wood Group Limited identity, including shareholder meeting materials, ADS voting instructions, the adoption of amended memorandum and articles, the share reorganization into Class A and Class B ordinary shares, board and officer changes, and the completed change in controlling shareholder. Other 6-K disclosures address material agreements and asset-disposition matters affecting subsidiaries, concession rights, wood-product manufacturing and related risk disclosures.
CL Workshop Group Limited has received a Nasdaq notice that its American Depositary Shares (ADSs), each representing eight Class A ordinary shares, closed below US$1.00 for 30 consecutive business days and no longer meet Nasdaq’s minimum bid price requirement.
The ADSs remain listed and continue trading under the symbol “NWGL.” The company has 180 calendar days, until November 2, 2026, to regain compliance by having a closing bid price of at least US$1.00 per ADS for a minimum of ten consecutive business days. If it still fails to comply, CL Workshop may seek an additional 180-day grace period and is evaluating options such as a reverse share split or changing the ratio of Class A ordinary shares to ADSs.
Workshop Group Limited files its annual report on Form 20-F for the year ended December 31, 2025, detailing a forestry-focused business operated via subsidiaries in Peru, France, Hong Kong, Macau and China through a BVI holding structure. The company has 39,492,471 Class A ordinary shares and 92,932,850 high-vote Class B ordinary shares outstanding as of December 31, 2025, with its ADSs listed on Nasdaq.
The report discloses an audit explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern, heavy dependence on a small customer base (its largest customer contributed 37.7% of 2025 turnover), and exposure to volatile log prices, raw-material supply and global demand. It highlights significant geopolitical and regulatory risks tied to operations and cash flows in Peru, China, Hong Kong and Macau, U.S. tariffs on wood imports, potential trading prohibitions under the HFCA Act, and concentrated voting control of about 99.16% through the CEO’s Class B holdings.
CL Workshop Group Limited submitted a Form 6-K to furnish its unaudited interim financial results for the six months ended June 30, 2025. The company directs readers to a press release dated December 29, 2025, which is attached as Exhibit 99.1 and incorporated by reference.
The Form 6-K specifies that the information, including the press release, is being furnished rather than filed for purposes of the U.S. securities laws, which affects how it is treated under certain liability provisions and for incorporation into other registration statements.
Nature Wood Group Limited reports that shareholders approved several major corporate changes at the annual general meeting. The company will change its name to CL Workshop Group Limited, with a new Chinese name, once the change is certified by the BVI registry.
Shareholders also approved a large share reorganization. The maximum authorized share capital will rise from 200,000,000 ordinary shares to 8,000,000,000 ordinary shares with a par value of US$0.001, split into 7,520,000,000 Class A and 480,000,000 Class B ordinary shares. Existing holdings of 132,425,321 ordinary shares will be redesignated so that TUTU Business Services Limited holds 92,932,850 Class B ordinary shares and all other shareholders hold 39,492,471 Class A ordinary shares.
The meeting further approved adoption of a second amended and restated memorandum and articles of association. The company expects the name change and share reorganization to take effect on December 29, 2025.
Nature Wood Group Limited announced it will hold its annual general meeting on December 16, 2025. The filing provides the core materials shareholders and ADS holders need to participate in the meeting.
Included exhibits are: the Notice of the 2025 AGM, a Form of Proxy, Voting Instructions for American Depositary Shares, and a Form of Second Amended and Restated Memorandum and Articles of Association. These documents outline meeting logistics, voting procedures, and proposed governing document updates for consideration.
Nature Wood Group Limited announced major leadership changes. Effective November 3, 2025, the Chairman, Chief Executive Officer, Chief Financial Officer, and a Director/Senior Consultant resigned. The company stated these resignations were not the result of any disagreement with the Company.
The Board appointed Liying Wang as Director and Chief Executive Officer, Hong Wang as Director and Chief Financial Officer, and Zhilin Cai as Chief Strategy Officer, effective the same date. Liying Wang has around six years of management and media experience; Hong Wang brings around seventeen years in corporate finance; and Zhilin Cai has around thirteen years in enterprise management and strategic planning. A press release detailing these changes was furnished as Exhibit 99.1.
Nature Wood Group Limited reported a change in control following a private share transfer. On October 22, 2025, an aggregate of 114,974,179 ordinary shares, representing approximately 86.82% of the issued and outstanding ordinary shares, were transferred by certain shareholders to certain purchasers under a share purchase agreement dated the same day.
The Company was not a party to the agreement and did not issue any new shares in connection with the transaction, indicating the change occurred entirely among existing holders. Following completion, TUTU Business Services Limited became the controlling shareholder. The Company also furnished a press release announcing the change as an exhibit to this report.
Nature Wood Group Limited (NWGL) has signed a Sale and Purchase Agreement to dispose of its wholly owned subsidiary, Peru Forestry Management Co., Limited, and its subsidiaries (the "Disposal Group") to Bright Sunrise Limited for a token consideration of US$1. The divested business has generated consecutive losses – an unaudited pro-forma loss of US$4.9 million in FY 2024 – and carried an unaudited net liability of approximately US$6 million as of 31 May 2025. An independent valuer assigned the Disposal Group an equity value of US$0.
The Board believes the transaction will remove continuing operational drag and negative cash flow, allowing NWGL to focus on its core trading operations and pursue new product opportunities. Nevertheless, management warns that the remaining Group will still report a FY 2025 loss, driven mainly by (i) a US$14 million debt waiver owed by the Disposal Group and (ii) an US$5.5 million impairment on assets, both booked upon completion.
In effect, NWGL is crystallising historical losses now in exchange for a cleaner balance sheet and reduced future volatility. The Board approved the deal on 30 June 2025, and unaudited pro-forma financial statements of the remaining Group accompany the filing as Exhibit 99.1.