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Smart Powerr Corp. Regains Compliance with Nasdaq Minimum Bid Price Requirement

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Smart Powerr Corp. (Nasdaq: CREG) has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on August 1, 2025.

To meet the compliance requirements, CREG's common stock maintained a closing bid price of $1.00 or higher for 10 consecutive business days from July 18, 2025 through July 31, 2025. This achievement satisfies Nasdaq Marketplace Rule 5550(a)(2), and the compliance matter has been closed.

Smart Powerr Corp. (Nasdaq: CREG) ha riconquistato con successo la conformità al requisito minimo del prezzo di offerta stabilito da Nasdaq. La società ha ricevuto la conferma dal Dipartimento di Qualifica per la Quotazione di Nasdaq il 1° agosto 2025.

Per soddisfare i requisiti di conformità, il prezzo di chiusura dell'azione ordinaria di CREG ha mantenuto un valore di almeno $1,00 per 10 giorni lavorativi consecutivi dal 18 luglio 2025 al 31 luglio 2025. Questo risultato rispetta la Regola 5550(a)(2) del Mercato Nasdaq, e la questione di conformità è stata chiusa.

Smart Powerr Corp. (Nasdaq: CREG) ha recuperado con éxito el cumplimiento del requisito mínimo del precio de oferta de Nasdaq. La compañía recibió la confirmación del Departamento de Calificaciones de Listado de Nasdaq el 1 de agosto de 2025.

Para cumplir con los requisitos, la acción común de CREG mantuvo un precio de oferta de cierre de $1.00 o más durante 10 días hábiles consecutivos desde el 18 de julio de 2025 hasta el 31 de julio de 2025. Este logro cumple con la Regla 5550(a)(2) del Mercado Nasdaq, y el asunto de cumplimiento ha sido cerrado.

Smart Powerr Corp. (나스�: CREG)가 나스닥의 최소 입찰가 요건� 성공적으� 충족하였습니�. 회사� 2025� 8� 1� 나스� 상장 자격 부서로부� 확인� 받았습니�.

준� 요건� 충족하기 위해 CREG� 보통주는 2025� 7� 18일부� 7� 31일까지 10영업� 연속으로 종가가 $1.00 이상� 유지하였습니�. � 성과� 나스� 시장 규칙 5550(a)(2)� 충족하며, 준� 문제� 종료되었습니�.

Smart Powerr Corp. (Nasdaq : CREG) a réussi à se conformer à nouveau à l'exigence minimale du prix d'offre de Nasdaq. La société a reçu la confirmation du Département des qualifications de cotation de Nasdaq le 1er août 2025.

Pour répondre aux exigences de conformité, le cours de clôture de l'action ordinaire de CREG est resté à 1,00 $ ou plus pendant 10 jours ouvrables consécutifs du 18 juillet 2025 au 31 juillet 2025. Cette réussite satisfait à la règle 5550(a)(2) du marché Nasdaq, et la question de conformité a été clôturée.

Smart Powerr Corp. (Nasdaq: CREG) hat erfolgreich die Einhaltung der Mindestgebotspreisanforderung von Nasdaq wiedererlangt. Das Unternehmen erhielt am 1. August 2025 eine Bestätigung von der Abteilung für Börsenzulassungen bei Nasdaq.

Um die Anforderungen zu erfüllen, hielt die Stammaktie von CREG vom 18. Juli 2025 bis zum 31. Juli 2025 an 10 aufeinanderfolgenden Handelstagen einen Schlussgebotspreis von mindestens 1,00 USD. Dieser Erfolg erfüllt die Nasdaq-Marktplatzregel 5550(a)(2), und die Compliance-Angelegenheit wurde abgeschlossen.

Positive
  • Regained Nasdaq listing compliance, removing delisting risk
  • Successfully maintained stock price above $1.00 for required period
Negative
  • Previous trading below $1.00 minimum bid requirement indicates historical stock price weakness

XI’AN, China, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Smart Powerr Corp. (Nasdaq: CREG) (“CREG� or “the Company�), today announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on August 1, 2025, notifying the Company that it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement.

To regain compliance with the minimum bid price requirement, the Company's common stock, par value $0.001 per share, is required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days. The Company evidenced a closing bid price of its common stock at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days, from July 18, 2025 through July 31, 2025. Accordingly, Nasdaq determined that Fly-E has regained compliance with Nasdaq Marketplace Rule 5550(a)(2) and the matter is now closed.

About Smart Powerr Corp.

Smart Powerr Corp. is based in Xi’an, China and a pioneer in waste energy recycling and a developer of energy efficiency solutions for various energy intensive industries in China. We use Build-Operate-Transfer (“BOT�) model to provide energy saving and recovery facilities for multiple energy intensive industries in China. Our waste energy recycling projects allow customers which use substantial amounts of electricity to recapture previously wasted pressure, heat, and gas from their manufacturing processes to generate electricity. We currently offer waste energy recycling systems to companies for use in nonferrous metal plants. We construct our projects at our customer’s facility and the electricity produced is used on-site by the customer. We plan to pursue disciplined and targeted expansion strategies for market areas we currently do not serve.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, underlying assumptions, and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's forecast on market trends; the Company's future business development; the demand for and market acceptance for new products; expectation to receive customer orders for new products; the anticipated timing for the marketing and sales of new products; changes in technology; the Company's ability to attract and retain skilled professionals; client concentration; and general economic conditions affecting the Company's industry and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Smart Powerr Corp.

Jackie Yongjiang Shi

+86-29-8765-1097

4/F, Tower C

Rong Cheng Yun Gu Building, Keji 3rd Road, Yanta District

Xi’an City, Shaanxi Province, China


FAQ

What compliance requirement did Smart Powerr Corp (CREG) regain in August 2025?

Smart Powerr Corp regained compliance with Nasdaq's minimum bid price requirement by maintaining a closing bid price of $1.00 or higher for 10 consecutive business days from July 18-31, 2025.

How long did CREG need to maintain its stock price above $1.00 to regain Nasdaq compliance?

CREG needed to maintain a minimum closing bid price of $1.00 or higher for at least 10 consecutive business days to regain compliance.

When did Smart Powerr Corp receive the Nasdaq compliance letter?

Smart Powerr Corp received the compliance letter from Nasdaq's Listing Qualifications Department on August 1, 2025.

What is the Nasdaq minimum bid price requirement that CREG had to meet?

According to Nasdaq Marketplace Rule 5550(a)(2), companies must maintain a minimum closing bid price of $1.00 per share to remain compliant.
Smart Powerr

NASDAQ:CREG

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3.80M
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Utilities - Renewable
Services-business Services, Nec
China
XI'AN CITY, SHAANXI PROVINCE