Twin Vee PowerCats receives Nasdaq delisting notice for bid price deficiency

Twin Vee PowerCats, Co.

Nasdaq notified on April 2, 2026 that stock failed $1.00 minimum bid price for 30 consecutive business days.
Company ineligible for 180-day cure period due to 1-for-10 reverse split within prior year (April 7, 2025).
Must request hearing by April 9, 2026; intends to do so; stock continues trading pending Panel decision.
Considering options including another reverse stock split to regain compliance.

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