Thunder Power Holdings, Inc. (AIEV): Nasdaq/NYSE listing notice — Nasdaq Panel affirms delisting; Thunder Power to suspend trading April 21

Thunder Power Holdings, Inc.

Nasdaq Hearing Panel denied continued listing on April 17, 2025; trading suspended at open April 21.
Noncompliance with Bid Price Rule ($1 minimum) and Staff determination that company is a public shell.
Company previously transferred to Nasdaq Capital Market but failed to regain compliance.
Expects to commence trading on OTC Pink tier shortly after Nasdaq delisting.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.91

Thunder Power Holdings, Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1), 5450(b)(2)(A)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5450(b)(2)(A)

Exact text from the filing

April 8, 2025, the Company received an additional Staff delist determination letter, outlining a new concern that the Staff believed the Company is a public shell. A hearing was held on April 15, 2025 as originally scheduled, which is by the Delisting Notice two days thereafter. Trading of the Company’s securities on the Pink Tier of the OTC market is expected to commence shortly after the Company’s securities are delisted from Nasdaq on April 21, 2025. 1 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on i

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Thunder Power Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-033474

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