Turbo Energy Receives Nasdaq Notice Regarding Minimum Stockholders' Equity Requirement

Turbo Energy has received a notice from Nasdaq regarding its non-compliance with the minimum stockholders' equity requirement of $2.5 million. The company has 45 calendar days to submit a plan to regain compliance and may be granted a 180-day extension. Turbo Energy is actively evaluating options to regain compliance and intends to submit a compliance plan within the required timeframe. The company's broader strategy focuses on accelerating revenue growth, strengthening its balance sheet, and supporting international expansion initiatives.