Welcome to our dedicated page for Smart Powerr SEC filings (Ticker: CREG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Smart Powerr Corp. SEC filings document the reporting profile of a Nevada corporation with common stock trading under CREG on the Nasdaq Stock Market. Its filings cover industrial waste-to-energy operations in China, operating and financial results, risk factors, capital structure and public-company governance.
Form 8-K reports disclose material events such as Nasdaq continued-listing matters, financing agreements, private-placement amendments, amendments to corporate documents and the completed reverse stock split of the company’s common stock. Proxy materials and meeting reports document annual stockholder voting, director and governance proposals, and other matters submitted to security holders.
Smart Powerr Corp. entered into a securities purchase agreement for a registered direct offering of 4,500,000 shares of common stock at $0.45 per share, generating approximately $2 million in gross proceeds. The offering closed on May 20, 2026, and the company plans to use the net proceeds for working capital and general corporate purposes.
The deal was conducted under an effective Form S-3 shelf registration, with Univest Securities, LLC acting as exclusive placement agent for an 8% cash fee and up to $30,000 of reimbursed expenses. Purchasers have an option, exercisable within 30 days of the initial closing, to buy an additional 4,500,000 shares. For 30 days after closing, the company agreed not to issue most new equity or file additional registration statements (with limited exceptions), and for 60 days it agreed not to enter variable rate equity transactions.
Smart Powerr Corp. is conducting a registered direct offering of 4,500,000 shares of common stock at a purchase price of $0.45 per share pursuant to a Securities Purchase Agreement dated May 19, 2026. The offering permits additional closings on or before the 30th calendar day after the initial closing if purchasers exercise an option to buy up to an additional 4,500,000 shares.
The Company expects gross proceeds of $2,025,000 and net proceeds of approximately $1.7 million after an 8% placement agent fee to Univest Securities, LLC; delivery is expected on or about May 20, 2026. The supplement notes the Company’s Nasdaq listing under the symbol CREG and discloses a Nasdaq delisting notice with a hearing scheduled for June 9, 2026.
Smart Powerr Corp. reported modest revenue of $108,353 for the quarter ended March 31, 2026, up from $20,625 a year earlier, from a long-term operation and maintenance contract for power stations. Gross margin was 50%, and the company posted a net loss of $547,410, narrower than the prior-period loss of $884,460, mainly due to lower general and administrative expenses.
Cash rose sharply to $158.8 million from $40,156 at year-end after collecting $156.8 million of short-term loan receivables, giving working capital of about $150.3 million and a current ratio of 18.5. Total liabilities were $11.9 million against stockholders’ equity of $147.7 million. The company continues to pivot into energy storage solutions in China and faces ongoing PRC and U.S. tax obligations and litigation-related accruals. It also received a Nasdaq notice for falling below the $1.00 bid price and has requested a hearing to appeal.
Smart Powerr Corp. received a Nasdaq notice on May 1, 2026 stating its common stock no longer meets the exchange’s $1.00 minimum bid price requirement after trading below that level for 30 consecutive sessions. Because the company completed a reverse stock split within the past year, it is not eligible for the usual compliance grace period.
Nasdaq plans to suspend trading of Smart Powerr’s stock on May 12, 2026 and file a Form 25-NSE to remove the listing unless the company successfully appeals. Smart Powerr intends to request a hearing by May 8, 2026, which would temporarily halt delisting, and may pursue another reverse stock split to try to restore compliance, though there is no assurance it will succeed.
Smart Powerr Corp. entered into a financing deal with Streeterville Capital through a secured promissory note with an original principal of $1,050,000 (the A-1 Note). After a $50,000 original issue discount and $15,000 in expenses added to principal, the company received $1,000,000 in cash on the closing date.
The A-1 Note bears 8% annual interest and matures 24 months after issuance. Smart Powerr can prepay at 115% of the prepaid balance, while the lender may redeem up to $200,000 per month in cash starting six months after issuance. Trigger Events can increase the note balance by up to an aggregate 25% and, upon Events of Default, the Mandatory Default Amount becomes immediately due with interest rising to as much as 18% annually.
The Purchase Agreement also contemplates an additional A-2 Note for $1,050,000 and a secured B Note for $8,000,000, with $8,000,000 to be held in a controlled bank account of a wholly owned subsidiary under a Deposit Account Control Agreement. The agreement imposes tight covenants on new debt, variable-price securities and liens, while carving out specific exemptions for certain equity offerings and strategic transactions.
Smart Powerr Corp., a Nevada holding company listed on Nasdaq, files its annual report describing a China-based portfolio of waste-to-energy and energy-saving projects and an ongoing shift toward integrated energy storage solutions. The company operates primarily through wholly owned PRC subsidiaries using Build-Operate-Transfer structures for waste heat, gas and biomass power generation.
As of December 31, 2025, common stock held by non-affiliates had an aggregate market value of about $27.9 million, based on a $1.33 Nasdaq price, and 22,959,128 shares were outstanding as of March 31, 2026. The report highlights legal and operational risks of operating in China, including evolving CSRC filing rules for overseas listings, cybersecurity and data security oversight, capital controls affecting cash transfers and dividends, and potential consequences under the Holding Foreign Companies Accountable Act as PCAOB inspection standards tighten.
Smart Powerr Corp. (CREG) amended and closed a private placement. The company sold 17,000,000 units, each consisting of one share of common stock and one warrant to purchase one share. On November 3, 2025, the parties agreed to a per‑unit price of $1.305, setting aggregate gross proceeds at $22,185,000. The transaction closed on November 10, 2025.
The securities were issued in a private transaction relying on Section 4(a)(2) and Rule 506(b) of Regulation D, or Regulation S for offshore sales. Investors represented accredited status or non‑U.S. person status, and the company did not use general solicitation. The amendment to the purchase agreement is filed as Exhibit 10.1.
Smart Powerr Corp. (CREG) reported Q3 2025 results showing a cash balance of $131,877,059 as of September 30, 2025, total assets of $132,973,469, liabilities of $14,754,746, and stockholders’ equity of $118,218,723.
For the nine months, revenue was $173,659, gross profit $79,631 (gross margin 46%), and the net loss was $2,429,650. For the quarter, net loss was $300,374. Operating cash flow was $64,443,002, investing cash flow $55,202,004, and financing inflow $9,865,400, reflecting the RMB476.0 million recovery of advances and full collection of a $55,945,372 short‑term loan earlier in 2025. Notes payable were $3,031,656 and taxes payable were $7,631,151 at quarter end.
The company is repositioning toward energy storage solutions and states it expects sufficient cash to fund operations for the next 12 months. Subsequent events include private placements: 17,000,000 units at $1.18 per unit and an issued 16,999,999 units at $1.305 for approximately $22,185,000. Shares outstanding were 20,809,123 as of November 13, 2025.
Smart Powerr Corp. (CREG) entered securities purchase agreements for a private placement of 17,000,000 Units at $1.18 per Unit, each Unit containing one common share and one five-year warrant exercisable at $1.416, for gross proceeds of $20,060,000. The company plans to use proceeds for working capital and general corporate purposes.
The company agreed to file a registration statement to register the resale of the shares issued and the shares underlying the warrants, with the initial filing due within 30 calendar days of closing. Warrants include a beneficial ownership cap of 4.99% (or up to 9.99% at holder election) and allow cashless exercise if no effective registration statement is available. Directors and executive officers agreed to a 90-day lock-up. The placement was structured to comply with Nasdaq Rule 5635(d). Closing remains subject to customary conditions, and no shares have been issued as of the report date.
Smart Powerr Corp. held its 2025 annual stockholder meeting, where holders of 1,526,550 common shares, or approximately 57.45% of shares outstanding as of August 1, 2025, were present in person or by proxy, satisfying quorum requirements. Stockholders elected five directors to serve until the 2026 annual meeting. They also approved and ratified the appointment of Enrome LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
Stockholders further approved an amendment to the Articles of Incorporation increasing the company’s authorized common stock from 10,000,000 shares to 1,000,000,000 shares.