Skycorp Solar Group Faces Nasdaq Minimum Bid Price Deficiency

Skycorp Solar Group Limited received a Nasdaq notification for minimum bid price deficiency, citing that the company's Class A ordinary shares failed to meet the $1.00 minimum bid price requirement for continued listing. The company has an initial compliance period of 180 calendar days to regain compliance, which can be extended at Nasdaq's discretion. If the company fails to comply, it may face delisting. The company will monitor the closing bid price of its shares and has no effect on its business operations.