Paranovus Entertainment shares rise 18.08% after-hours after securing Nasdaq compliance to avoid delisting hearing.

Paranovus Entertainment Technology Ltd. surged 18.08% in after-hours trading following its confirmation of compliance with Nasdaq’s minimum bid price requirement, averting a delisting hearing and reinforcing its continued listing on the Nasdaq Capital Market. The company’s strategic pivot to e-commerce and TikTok-related solutions, alongside its recent regulatory clearance, bolstered investor confidence in its transition away from traditional automobile sales. The announcement on January 9, 2026, directly addressed prior concerns over its market viability, while its stock’s post-market rally reflected optimism about its repositioning in emerging tech-driven sectors.