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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 17, 2026
SMART POWERR CORP.
(Exact name of registrant as specified in charter)
| Nevada |
|
001-34625 |
|
90-0093373 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
4/F, Tower C
Rong Cheng Yun Gu Building
Keji 3 rd Road, Yanta District
Xi’an City, Shaanix Providence, China |
|
710075 |
| (Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (86-29) 8765-1097
| N/A |
| (Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
| ☐ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement
communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Common stock, par value $0.001 per share |
|
CREG |
|
Nasdaq Stock Market |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 17, 2026, Smart Powerr Corp., a Nevada
corporation (the “Company”) received written notification (the “Delisting Notice”) from The Nasdaq Stock Market
(“Nasdaq”) that the Nasdaq Hearings Panel (the “Panel”) has determined to delist the Company’s common stock,
par value $0.001 per share (“Common Stock”), and suspend trading of its Common Stock at the open of trading on July 21, 2026.
As previously reported on May 7, 2026, the Company
received written notice on May 1, 2026 (the “Notification Letter”) from the Listing Qualifications Department of Nasdaq that
the Company did not satisfy the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq
Capital Market. The Company was informed that its Common Stock would be subject to delisting from Nasdaq unless the Company timely requested
a hearing before the Panel. The Company timely requested a hearing before the Panel. which stayed the delisting and suspension of the
Company’s Common Stock pending the decision of the Panel. A hearing on the matter was held on June 9, 2026.
In accordance with Nasdaq Listing Rule 5820, the Company may request that the Nasdaq Listing and Hearing Review Council (the “Listing
Council”) review the Panel’s delisting determination within 15 days from the date of Delisting Notice. The Listing Council
may also determine to review any Panel decision within 45 calendar days after issuance of its written decision. If the Listing Council
elects to review the matter, it may affirm, modify, reverse, or remand the Panel’s decision.
In connection with the Panel’s decision,
Nasdaq will file a Form 25 with the Securities and Exchange Commission (the “SEC”) in accordance with Nasdaq Listing Rule
5830 and Rule 12d2-2 promulgated under the Securities Exchange Act of 1934, as amended, after applicable appeal periods have lapsed.
As a result of the suspension in trading and expected delisting, the Company expects that its Common Stock would be eligible for quotation
on the OTCQB Market, an over-the-counter market operated by OTC Markets Group, under its existing symbol “CREG,” which may
have a material adverse effect on the trading price and volume for the Common Stock.
The OTC markets are a significantly more limited market than the Nasdaq, and quotation on the OTC markets will likely result in a less
liquid market for existing and potential holders of the Company’s Common Stock to trade such securities and could further depress
the trading price of the Common Stock. The Company can provide no assurance that its Common Stock will continue to trade on this market,
whether broker-dealers will continue to provide public quotes of the Common Stock on this market, or whether the trading volume of its
Common Stock will be sufficient to provide for an efficient trading market for existing and potential holders of its Common Stock.
Forward Looking Statements:
This Current Report on Form 8-K contains “forward-looking”
statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including
statements related to the Company’s intent to request an appeal before the Panel and ability to regain compliance with Nasdaq’s
continued listing standards. The words “may,” “will,” “could,” “would,” “should,”
“expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,”
“predict,” “project,” “potential,” “continue,” “ongoing” and similar expressions
are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. While
the Company believes its plans, intentions and expectations reflected in those forward-looking statements are reasonable, these plans,
intentions or expectations may not be achieved. The Company’s actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking statements. For information about the factors that could cause such
differences, please refer to the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, including the information
discussed under the captions “Item 1 Business,” “Item 1A. Risk Factors” and “Item 7 Management’s Discussion
and Analysis of Financial Condition and Results of Operations,” as well as the Company’s various other filings with the Commission.
Given these uncertainties, you should not place undue reliance on these forward-looking statements. The Company assumes no obligation
to update any forward-looking statement. The Company undertakes no obligation to update any forward-looking statement in this report,
except as required by law.
This report is incorporated by reference into
the registration statement on Form S-3 (File No. 333-281639), and the registration statement on Form S-8 (File No. 333-290898),
filed with the Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents
or reports subsequently filed or furnished.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibits
Number |
|
Description |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
| |
SMART POWERR CORP. |
| |
|
|
| Date: July 20, 2026 |
By: |
/s/ Yongjiang (Jackie) Shi |
| |
|
Yongjiang (Jackie) Shi |
| |
|
Chief Financial Officer |