Smart Powerr Corp. Receives Notice of Filing Delinquency From Nasdaq
Portfolio Pulse from Happy Mohamed
Smart Powerr Corp. (NASDAQ: CREG) received a notice of filing delinquency from Nasdaq for not timely filing its quarterly report on Form 10-Q. The company has until July 24, 2023, to submit a compliance plan, and if accepted, can be granted up to 180 days to regain compliance.

May 26, 2023 | 8:31 pm
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Smart Powerr Corp. received a notice of filing delinquency from Nasdaq, which may impact its stock price. The company has until July 24, 2023, to submit a compliance plan.
The notice of filing delinquency from Nasdaq is a negative event for Smart Powerr Corp. as it indicates non-compliance with Nasdaq Listing Rule 5250(c)(1). This may lead to concerns among investors and could negatively impact the stock price in the short term. However, the company has the opportunity to submit a compliance plan and regain compliance within a specified timeframe.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100