Elong Power moves to Nasdaq Capital Market tier

Elong Power Holding Limited has transferred the listing of its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the opening of business on April 1, 2026, with no change to its “ELPW” ticker or CUSIP.

Rhea-AI Filing Summary

Elong Power Holding Limited has transferred the listing of its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market, effective at the opening of business on April 1, 2026, with no change to its “ELPW” ticker or CUSIP.

The move follows earlier Nasdaq notices that the company’s Market Value of Listed Securities had fallen below the $50 million minimum and its Market Value of Publicly Held Shares below the $15 million minimum required for the Global Market. After the transfer, Nasdaq informed Elong Power on April 1, 2026 that it had regained compliance with Listing Rules 5550(b)(1) and 5550(a)(5) applicable to the Capital Market, and both deficiency matters were closed.

Insights

Equity markets & listing standards analyst

Elong Power fixes Nasdaq deficiencies by moving down to the Capital Market.

Elong Power previously fell short of Nasdaq Global Market requirements for Market Value of Listed Securities above $50 million and Market Value of Publicly Held Shares above $15 million. These shortfalls triggered deficiency notices and a 180‑day grace period ending April 1, 2026.

Instead of restoring Global Market metrics, the company transferred its Class A shares to the Nasdaq Capital Market, where lower thresholds apply. Nasdaq then confirmed compliance with Listing Rules 5550(b)(1) and 5550(a)(5) and closed the issues. The change keeps the shares listed on Nasdaq but at a tier generally used by smaller or earlier‑stage companies.

Key Figures

Global Market MVLS minimum: $50 million Global Market MVPHS minimum: $15 million Compliance grace period: 180 calendar days +2 more

5 metrics

Global Market MVLS minimum $50 million Minimum Market Value of Listed Securities under Nasdaq Listing Rule 5450(b)(2)(A)

Global Market MVPHS minimum $15 million Minimum Market Value of Publicly Held Shares under Nasdaq Listing Rule 5450(b)(2)(C)

Compliance grace period 180 calendar days Period under Nasdaq listing rules 5810(c)(3)(C) and 5810(c)(3)(D) from October 3, 2025 to April 1, 2026

Effective transfer date April 1, 2026 Date Class A ordinary shares transferred from Nasdaq Global Market to Nasdaq Capital Market

Par value per Class A share US$0.0128 per share Par value of Elong Power’s Class A ordinary shares

Key Terms

Nasdaq Capital Market, Market Value of Listed Securities, Market Value of Publicly Held Shares, Nasdaq Listing Rule 5450(b)(2)(A), +2 more

6 terms

Nasdaq Capital Market financial

"to transfer the listing of its Class A ordinary shares ... to the Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

Market Value of Listed Securities financial

"the Company’s Market Value of Listed Securities (“MVLS”) was below the minimum of $50 million"

Market value of listed securities is the market value of the shares a company has listed on an exchange, calculated as the closing bid price multiplied by the number of listed shares. Exchanges use it as a continued-listing standard, so a company that stays under the required minimum receives a deficiency notice and is given a set period to recover before facing delisting.

Market Value of Publicly Held Shares financial

"the Company’s Market Value of Publicly Held Shares (“MVPHS”) was below the minimum of $15 million"

The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.

Nasdaq Listing Rule 5450(b)(2)(A) regulatory

"required for continued listing on the Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A)"

Nasdaq Listing Rule 5550(b)(1) regulatory

"the Company has regained compliance with Listing Rule 5550(b)(1), and this matter has been closed"

Nasdaq Listing Rule 5550(a)(5) regulatory

"the Company has regained compliance with Listing Rule 5550(a)(5), and this matter has been closed"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What change did Elong Power (ELPW) make to its Nasdaq listing?

Elong Power transferred its Class A ordinary shares from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer became effective at the opening of business on April 1, 2026, and the company kept the same ticker symbol “ELPW” and CUSIP designation.

Why did Elong Power (ELPW) move from the Nasdaq Global Market to the Capital Market?

Elong Power moved its listing for strategic purposes after previously receiving Nasdaq deficiency notices. Its Market Value of Listed Securities and Market Value of Publicly Held Shares had fallen below the Global Market minimum thresholds of $50 million and $15 million, respectively, prompting consideration of the Capital Market standards.

How did the listing transfer affect Elong Power’s Nasdaq compliance status?

After the transfer to the Nasdaq Capital Market on April 1, 2026, Nasdaq notified Elong Power that it had regained compliance. The company now meets Listing Rule 5550(b)(1) for Market Value of Listed Securities and Listing Rule 5550(a)(5) for Market Value of Publicly Held Shares, and prior deficiency matters were closed.

What Nasdaq rules had Elong Power previously failed to meet on the Global Market?

Elong Power previously failed to meet Nasdaq Listing Rule 5450(b)(2)(A), which requires a Market Value of Listed Securities of at least $50 million, and Rule 5450(b)(2)(C), which requires a Market Value of Publicly Held Shares of at least $15 million for the Global Market tier.

Did Elong Power’s ticker or share structure change with the Nasdaq transfer?

The transfer did not change Elong Power’s ticker symbol or share class. Its Class A ordinary shares, with a par value of US$0.0128 per share, continue trading under the existing ticker “ELPW” and the same CUSIP following the move to the Nasdaq Capital Market.

What was the timeframe Nasdaq gave Elong Power to regain compliance?

Nasdaq granted Elong Power 180 calendar days from the October 3, 2025 notification date to regain compliance. This grace period ran until April 1, 2026, aligning with the effective date of the company’s transfer from the Global Market to the Capital Market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

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Accepted by SEC EDGAR 04/02/2026 - 05:15 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-42416

Elong Power Holding Limited

3 Yan Jing Li Zhong Jie

Jiatai International Plaza

Block B, Room 2110

Beijing, China 100025

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Transfer of Listing of Class A Ordinary Shares to the Nasdaq Capital Market

On March 23, 2026, Elong Power Holding Limited (the “Company”) submitted an application to the Nasdaq Stock Market LLC to transfer the listing of its Class A ordinary shares, par value US$0.0128 per share (“Class A Ordinary Shares”) from the Nasdaq Global Market (the “Global Market”) of The Nasdaq Stock Market (“Nasdaq”) to the Nasdaq Capital Market (the “Capital Market”), for strategic purposes. On March 30, 2026, the Nasdaq Listing Qualifications department approved the Company’s request to transfer the Company’s Class A ordinary shares from the Global Market to the Capital Market. The transfer took effect at the opening of business on April 1, 2026, without change to the current ticker symbol “ELPW” or CUSIP designation to the Company’s Class A ordinary shares.

Nasdaq Compliance

Market Value of Listed Securities Compliance

As previously reported on the report on Form 6-K of the Company, filed on October 9, 2025, the Company received a written notice from Nasdaq on October 3, 2025 notifying the Company that, for the 30 consecutive business days prior to the date of the letter, the Company’s Market Value of Listed Securities (“MVLS”) was below the minimum of $50 million required for continued listing on the Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(A). In accordance with Nasdaq listing rule 5810(c)(3)(C), the Company has 180 calendar days from the notification date, or until April 1, 2026, to regain compliance with the minimum MVLS requirement.

On April 1, 2026, the Company received a letter from Nasdaq notifying the Company that the Staff has determined that, as the Company’s securities were transferred to the Capital Market, the Company has regained compliance with Listing Rule 5550(b)(1), and this matter has been closed.

Market Value of Publicly Held Shares Compliance

As previously reported on the report on Form 6-K of the Company, filed on October 9, 2025, the Company received a written notice from Nasdaq on October 3, 2025 notifying the Company that, for the 30 consecutive business days prior to the date of the letter, the Company’s Market Value of Publicly Held Shares (“MVPHS”) was below the minimum of $15 million required for continued listing on the Global Market pursuant to Nasdaq Listing Rule 5450(b)(2)(C). In accordance with Nasdaq listing rule 5810(c)(3)(D), the Company has 180 calendar days from the notification date, or until April 1, 2026, to regain compliance with the minimum MVPHS requirement.

On April 1, 2026, the Company received a letter from Nasdaq notifying the Company that the Staff has determined that, as the Company’s securities were transferred to the Capital Market, the Company has regained compliance with Listing Rule 5550(a)(5), and this matter has been closed.

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.

Date: April 2, 2026

	Elong Power Holding Limited
	By:	/s/ Xiaodan Liu
	Name:	Xiaodan Liu
	Title:	Chief Executive Officer and Chairwoman of the Board of Directors