Huachen AI Parking Management Technology Holding Co., Ltd. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

Rhea-AI Summary

Huachen AI Parking Management Technology (NASDAQ: HCAI) has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's shares have traded below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

HCAI has been granted a 180-day compliance period until February 2, 2026 to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If unsuccessful, the company may be eligible for an additional 180-day period, provided it meets other listing requirements and considers options like a reverse stock split.

Positive

• Potential eligibility for additional 180-day compliance period if needed
• Multiple options available to regain compliance, including reverse stock split
• Company maintains Nasdaq listing during compliance period

Negative

• Stock trading below $1.00 minimum bid requirement for 30 consecutive days
• Risk of potential Nasdaq delisting if compliance not achieved by February 2, 2026
• May need to implement reverse stock split, which could affect market perception

News Market Reaction

-3.42%

1 alert

-3.42% News Effect

-$842K Valuation Impact

$24M Market Cap

1.4x Rel. Volume

On the day this news was published, HCAI declined 3.42%, reflecting a moderate negative market reaction. This price movement removed approximately $842K from the company's valuation, bringing the market cap to $24M at that time.

Data tracked by StockTitan Argus on the day of publication.

Shanghai, China, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ: HCAI, “HCAI” or the “Company”), a China-based smart-parking and equipment-structural-parts provider in China, confirmed that on August 4, 2025, it received a Nasdaq Listing Qualifications Staff Determination Letter (the “Notice”) stating that the Company is not in compliance with Nasdaq’s minimum bid price requirement. The Notice advised that for the last 30 consecutive business days, the minimum closing bid price per share for the Company's ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

The Notice does not immediately impact the listing or trading of the Company’s ordinary shares on Nasdaq. 

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a compliance period of 180 calendar days, or until February 2, 2026, to regain compliance. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

In the event the Company does not regain compliance by February 2, 2026, the Company may be eligible for an additional 180 calendar day period to regain compliance. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to the expiration of the compliance period.

The Company is actively monitoring the bid price of its ordinary shares and is considering all available options to regain compliance with Nasdaq’s requirements. The Company remains committed to delivering value to its shareholders and maintaining its listing on Nasdaq.

About Huachen AI Parking Management Technology Holding Co., Ltd.

Huachen AI Parking Management Technology Holding Co., Ltd. is a China-based, one-stop provider of smart-parking systems and precision structural parts. Through our operating subsidiaries we design, manufacture, install and service space-saving cubic parking garages—tailored to each client’s needs with technologies such as vertical lifting and multi-layer cycling—while also supplying custom steel components and railroad accessories to industrial customers nationwide.

Forward-Looking Statements

This press release contains forward-looking statements regarding the Company’s plans to regain Nasdaq compliance. Actual results may differ materially due to market, regulatory and other factors. The Company undertakes no duty to update forward-looking statements except as required by law.

For further information about Huachen AI Parking Management Technology Holding Co., Ltd, please contact:

Huachen AI Parking Management Technology Holding Co., Ltd

Alan Li
ir@huachenai.com
Mobile: +852-95791074

FAQ

Why did HCAI receive a Nasdaq deficiency notice in August 2025?

HCAI received the notice because its stock price traded below $1.00 for 30 consecutive business days, violating Nasdaq's minimum bid price requirement.

What is the deadline for HCAI to regain Nasdaq compliance?

HCAI has until February 2, 2026 to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days.

What happens if HCAI fails to meet the February 2026 deadline?

If HCAI fails to comply by February 2026, it may be eligible for an additional 180-day compliance period if it meets other Nasdaq Capital Market listing requirements.

What options does HCAI have to regain Nasdaq compliance?

HCAI can regain compliance by naturally increasing its stock price above $1.00 or implementing a reverse stock split within 10 business days before the compliance period ends.

Will HCAI be immediately delisted from Nasdaq?

No, HCAI will continue trading on Nasdaq during the compliance period while it works to meet the minimum bid requirement.