Smart Powerr Corp. (CREG): Nasdaq/NYSE listing notice — Smart Powerr receives Nasdaq notice for late Q1 2023 10-Q filing; must submit compliance plan by July 24, 2023
Smart Powerr Corp.
Received Nasdaq deficiency letter on May 23, 2023 for failing to timely file Form 10-Q for quarter ended March 31, 2023.
Company has 60 days to submit a compliance plan; deadline July 24, 2023.
If plan accepted, Nasdaq may grant up to 180-day extension until November 20, 2023 to regain compliance.
No immediate impact on listing of common stock on Nasdaq Capital Market.
Smart Powerr Corp. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
Exchange
nasdaq
Notice
deficiency notice
Deficiency
late filing
Rules
5250(c)(1)
Exact text from the filing
March 31, 2023 (the “Form 10-Q”), the Company does not comply with Nasdaq Listing Rule 5250(c)(1) for continued listing. This notice from Nasdaq has no immediate effect on the listing of the Company’s common stock on the Nasdaq Capital Market. The Company has 60 calendar days or until July 24, 2023 to cure the deficiency or to submit a plan to regain compliance. If Nasdaq accepts the plan submitted by the Company, Nasdaq can grant an extension of the grace period for shares of the Company’s common stock to remain listed for up to 180 calendar days from the Initial Delinquency Filing’s due date
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