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Smart Powerr Corp. Regains Nasdaq Compliance After Bid Price Requirement
ByAinvest
Wednesday, Aug 6, 2025 6:35 am ET1min read
Smart Powerr Corp. has regained compliance with Nasdaq's minimum bid price requirement after its common stock maintained a closing bid price of $1.00 or more for 10 consecutive business days. The company's shares have been trading above the minimum requirement since July 18, 2025. Nasdaq has closed the matter, and Smart Powerr Corp. is now in compliance with the Nasdaq Capital Market's requirements.
Smart Powerr Corp. (Nasdaq: CREG) has successfully regained compliance with Nasdaq's minimum bid price requirement, a significant milestone for the company. The company's common stock maintained a closing bid price of $1.00 or more for 10 consecutive business days, satisfying Nasdaq Marketplace Rule 5550(a)(2) [1].The company received confirmation from Nasdaq's Listing Qualifications Department on August 1, 2025, notifying Smart Powerr Corp. that it has regained compliance. This compliance was achieved after the company's common stock maintained a minimum closing bid price of $1.00 per share for the period from July 18, 2025, through July 31, 2025 [2].
Smart Powerr Corp., based in Xi'an, China, is a pioneer in waste energy recycling and a developer of energy efficiency solutions for various energy-intensive industries. The company uses the Build-Operate-Transfer (BOT) model to provide energy-saving and recovery facilities for multiple industries in China [3].
The company's forward-looking statements highlight potential risks and uncertainties, including market trends, future business development, and demand for new products. Investors are cautioned to review the company's filings with the SEC for a more comprehensive understanding of these risks [3].
References:
[1] https://www.stocktitan.net/news/CREG/smart-powerr-corp-regains-compliance-with-nasdaq-minimum-bid-price-e083cskq3xrv.html
[2] https://www.investing.com/news/sec-filings/gopro-regains-compliance-with-nasdaq-minimum-bid-price-requirements-93CH-4172407
[3] https://finance.yahoo.com/news/smart-powerr-corp-regains-compliance-103000835.html
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