Smart Powerr Corp. (CREG) announced on August 6, 2025, that it has regained compliance with The Nasdaq Stock Market LLC's minimum bid price requirement. The company received a letter from Nasdaq on August 1, 2025, confirming this compliance.
To meet the requirement, CREG's common stock maintained a closing bid price of $1.00 or more for at least 10 consecutive business days. This period spanned from July 18, 2025, through July 31, 2025.
Nasdaq has determined that Smart Powerr Corp. has regained compliance with Nasdaq Marketplace Rule 5550(a)(2), and the matter is now closed. This resolution removes a significant regulatory concern for the company and its investors.
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