---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-24-002698"
form_type: "8-K"
ticker: null
cik: "0001210618"
company_name: "SPI Energy Co., Ltd."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:34:38.370584+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SPI Energy transfers to Nasdaq Capital Market; gets second 180-day bid price compliance period until Oct 14, 2024

## Summary
- Transfer from Nasdaq Global Select to Nasdaq Capital Market effective Apr 25, 2024; symbol remains SPI.
- Second 180-day compliance period for minimum $1.00 bid price runs through Oct 14, 2024.
- Company must show closing bid at $1.00+ for 10 consecutive business days to regain compliance.
- Company disclosed it may effect a reverse stock split to cure the bid price deficiency.
- If not compliant by Oct 14, 2024, shares face delisting; Company may appeal to Nasdaq Hearings Panel.

## SEC filing metadata
- accession: 0001683168-24-002698
- form_type: 8-K
- cik: 0001210618
- company_name: SPI Energy Co., Ltd.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1210618/000168316824002698/0001683168-24-002698-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1210618/000168316824002698/spi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-24-002698
- JSON: https://secwatch.observer/filing/0001683168-24-002698.json
- Plain text: https://secwatch.observer/filing/0001683168-24-002698.txt

## Key facts
- Listing & Compliance Notices
  SPI Energy Co., Ltd. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 25, 2024. The transfer is not expected to impact trading in the Ordinary Shares, which will continue to trade on Nasdaq under the symbol “SPI.” As previously announced, on October 19, 2024, the Staff notified the Company that the bid price for the Ordinary Shares had closed below $1.00 per share for 30 consecutive business days and, as a result, the Company no longer satisfied Nasdaq Listing Rule 5450(a)(1), the minimum bid price requirement applicable to The Nasdaq Global Select Market issuers. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was afforded an initial 180-calend
  evidence_url: https://www.sec.gov/Archives/edgar/data/1210618/000168316824002698/0001683168-24-002698-index.htm

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