Envirotech Vehicles, Inc. (EVTV): Nasdaq/NYSE listing notice — Envirotech Vehicles receives Nasdaq delisting notice for bid price below $1

Envirotech Vehicles, Inc.

Nasdaq notified EVTV on March 6, 2025 that its stock bid price was below $1 for 30 consecutive business days.
Company has 180 calendar days, until September 2, 2025, to regain compliance by closing at $1+ for 10+ consecutive days.
If not compliant by Sept 2, Nasdaq may grant an additional 180 days if other listing standards are met.
EVTV stock continues trading on Nasdaq Capital Market under symbol EVTV; company is evaluating options.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

Envirotech Vehicles, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

March 6, 2025, Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), received a letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business days from January 21, 2025 to March 5, 2025, the Company no longer meets the requirement to maintain a minimum bid price of $1 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A)

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Envirotech Vehicles, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-006681

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