---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-005275"
form_type: "8-K"
ticker: "CGEH"
cik: "0001009759"
company_name: "Capstone Energy Plus, Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:31:41.489817+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Capstone Green Energy receives Nasdaq deficiency notice for MVLS below $35M

## Summary
- MVLS below $35M minimum for 30 consecutive business days as of March 28, 2023.
- Company also fails alternative listing standards under Rules 5550(b)(1) and 5550(b)(3).
- 180-day cure period until September 25, 2023; compliance could be regained with MVLS at $35M+ for 10 consecutive days.
- Notice is a deficiency notification only; no immediate effect on listing or trading of CGRN common stock.
- If non-compliance persists, Nasdaq will initiate delisting; Company may appeal to a Hearings Panel.

## SEC filing metadata
- accession: 0001558370-23-005275
- form_type: 8-K
- ticker: CGEH
- cik: 0001009759
- company_name: Capstone Energy Plus, Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1009759/000155837023005275/0001558370-23-005275-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1009759/000155837023005275/cgrn-20230328x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-005275
- JSON: https://secwatch.observer/filing/0001558370-23-005275.json
- Plain text: https://secwatch.observer/filing/0001558370-23-005275.txt

## Key facts
- Listing & Compliance Notices
  Capstone Energy Plus, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5550(b)(2), 5550(b)(1), 5550(b)(3)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5550(b)(2), 5550(b)(1), 5550(b)(3)
  source text: March 28, 2023, Capstone Green Energy Corporation (the “Company”) received a written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that for the last 30 consecutive business days, the Company’s Market Value of Listed Securities (“MVLS”) was below the minimum of $35 million required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(b)(2). The Notice states that the Company also does not meet the requirements under Listing Rules 5550(b)(1) and 5550(b)(3), which set forth alt
  evidence_url: https://www.sec.gov/Archives/edgar/data/1009759/000155837023005275/0001558370-23-005275-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.