Smart Powerr faces Nasdaq delisting after failing $1 bid-price rule

Reuters2026/07/20 20:01

By:Reuters

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Smart Powerr received a Nasdaq notice that a hearings panel ordered its common stock delisted for failing the $1 bid-price rule.
Trading on Nasdaq is set to be suspended at the open on July 21, 2026.
The company can seek review by Nasdaq’s Listing Council within 15 days of the July 17, 2026 notice.
Nasdaq is expected to file a Form 25 with the SEC once appeal periods lapse.
The stock is expected to become eligible for quotation on OTCQB under the symbol CREG, risking weaker liquidity and lower volume.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart Powerr Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-079598), on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Smart Powerr faces Nasdaq delisting after failing $1 bid-price rule

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