secwatch.observer — SEC 8-K summary
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Issuer:     Smart Powerr Corp. (CREG)
CIK:        0000721693
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001213900-24-082751
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Smart Powerr receives Nasdaq non-compliance notice for bid price below $1.00
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- Received letter on Sept 24, 2024, for closing bid price below $1.00 for 37 consecutive business days.
- Has 180 calendar days (until March 24, 2025) to regain compliance with Minimum Bid Price Requirement.
- Compliance can be achieved if bid price closes at or above $1.00 for at least 10 consecutive trading days.
- If not cured, may qualify for an additional 180-day period if other listing standards are met and reverse split is considered.
- Company intends to take all reasonable measures to regain compliance, but no assurance of success.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/721693/000121390024082751/0001213900-24-082751-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/721693/000121390024082751/ea0215891-8k_smart.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-082751

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