Twin Vee PowerCats, Co. (VEEE): Nasdaq/NYSE listing notice — 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.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Twin Vee PowerCats, Co. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iv)).

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

Exact text from the filing

April 2, 2026, Twin Vee PowerCats Co. (the “Company”) received written notice (the “Notification Letter”) from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer satisfies the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price re

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Source: SEC EDGAR

accession 0001731122-26-000530

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