Smart Powerr receives Nasdaq delisting determination from Hearings Panel
On July 17, 2026, Smart Powerr Corp. received notification from the Nasdaq Hearings Panel that it has determined to delist the company's common stock and suspend trading at the open of July 21, 2026. The delisting follows the company's failure to maintain a $1.00 minimum bid price required under Nasdaq Listing Rule 5550(a)(2). The company has 15 days from the delisting notice to request review by the Nasdaq Listing and Hearing Review Council and may transfer to quotation on the OTCQB over-the-counter market.
Key facts
- Nasdaq Hearings Panel determined to delist on July 17, 2026, with suspension at open of July 21, 2026
- Company failed to satisfy $1.00 bid price requirement under Nasdaq Listing Rule 5550(a)(2)
- Company may request Listing Council review within 15 days from date of Delisting Notice
- Company expects Common Stock may be eligible for quotation on OTCQB Market under symbol CREG
- Hearing held June 9, 2026, after company timely requested hearing before Panel
Why it matters
Delisting from Nasdaq will move Smart Powerr's stock to an over-the-counter market significantly less liquid than Nasdaq, likely materially reducing trading price and volume, and the company cannot assure continued trading or broker support on the OTC market.
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Derived from 8-K filed 2026-07-20. Not investment advice. View the source filing on SEC.gov →