Envirotech Vehicles gets Nasdaq delisting notice for equity below $2.5M

Envirotech Vehicles, Inc.

Stockholders' equity fell below $2.5M as of Dec 31, 2025; fails Nasdaq Listing Rule 5550(b)(1).
Also fails alternative standards (market value of listed securities or net income from operations).
Company has 45 days (until June 13, 2026) to submit a compliance plan; possible extension to Oct 26, 2026.
No immediate effect on trading; shares continue on Nasdaq Capital Market under review.
If plan is rejected or compliance not regained, Nasdaq may delist; company can appeal to a hearings panel.

item 3.01

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