Every 8-K that SMART POWERR CORP (CREG) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CREG and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CREG filings page.
Smart Powerr Corp. reported a broad series of leadership changes effective August 13, 2026. Three directors — Zhongli Liu, Xiaoping Guo, and Lulu Sun — resigned from the Board; each also chaired a key committee and served on other Board committees. The company states that each resignation was not due to any disagreements with management or the company’s operations, policies, or practices.
On the same date, executive director and subsidiary Chief Sales Officer Yan Zhan resigned, as did corporate Secretary Binfeng (Adeline) Gu and Chief Financial Officer Yongjiang (Jackie) Shi. The Board plans to evaluate candidates to fill the vacant director and officer roles and to provide updates upon any new appointments.
Smart Powerr Corp. reports that a Nasdaq Hearings Panel has determined to delist its common stock and suspend trading at the open on July 21, 2026. The action follows a May 1, 2026 notice that the company had failed to meet the $1.00 per share minimum bid price required by Nasdaq Listing Rule 5550(a)(2).
The company may seek review of the decision by the Nasdaq Listing and Hearing Review Council within 15 days, while the Council itself has 45 days to decide whether to review. Smart Powerr expects its shares could be quoted on the OTCQB Market under symbol CREG but warns this over-the-counter venue is significantly more limited, may reduce liquidity, and could further depress trading price and volume, with no assurance of continued trading or broker-dealer quotations.
Smart Powerr Corp. implemented a 1-for-10 reverse stock split of its common stock, reducing issued and outstanding shares from about 27.5 million to about 2.75 million. The split became effective June 15, 2026 and the stock began trading on a split-adjusted basis on June 16, 2026 under the symbol CREG.
The move is primarily intended to help the company meet the Nasdaq Capital Market minimum bid price requirement. All shareholders are affected proportionally, with fractional shares rounded up to the next whole share, so percentage ownership remains effectively unchanged aside from rounding.
The reverse split also adjusts outstanding stock options and warrants by reducing the number of shares underlying each award and increasing their exercise prices correspondingly, without changing overall economic value.
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. 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. (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) 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.