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- Delisting (new) — Company received formal Nasdaq notice for failing to maintain minimum $1.00 bid price for 30 consecutive trading days.
Smart Powerr faces Nasdaq delisting, trading suspension set for May 12 after bid price violation
Filed May 7, 2026 · Period ending May 1, 2026 · ~1 min read
Key Changes
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Nasdaq notified Smart Powerr on May 1 that its stock will be suspended from trading on May 12, 2026, because shares traded below $1.00 for 30 consecutive days, violating minimum bid price requirements.
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Company is ineligible for the standard 180-day compliance period because it already executed a reverse stock split within the past year, leaving limited options to regain compliance.
8-K: Delisting Notice verify on EDGAR → -
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Smart Powerr plans to appeal the delisting by May 8 deadline, which would temporarily halt the suspension, and is considering another reverse stock split to boost share price above $1.00.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 1, 2026 · How we verify