Elong Power (NASDAQ: ELPW) restores Nasdaq compliance with late 20-F
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Elong Power Holding Limited reports that its Nasdaq listing compliance issue related to a delayed annual report has been resolved. The company had received a notice from Nasdaq on July 9, 2025 stating it was out of compliance because its Form 20-F for the year ended December 31, 2024 had not yet been filed. Elong Power subsequently filed the Form 20-F on September 22, 2025.
On September 23, 2025, Nasdaq informed the company that, based on this filing, it now complies with Nasdaq Listing Rule 5250(c)(1), and the matter has been closed. This means the company remains in good standing with Nasdaq’s continued listing requirements.
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FAQ
What issue with Nasdaq did Elong Power Holding Limited (ELPW) face?
Elong Power Holding Limited received a notice from Nasdaq on July 9, 2025 stating it was not in compliance with Listing Rule 5250(c)(1) because it had not yet filed its annual report on Form 20-F for the year ended December 31, 2024.
How did Elong Power Holding Limited (ELPW) regain compliance with Nasdaq listing rules?
The company filed its Form 20-F for the fiscal year ended December 31, 2024 on September 22, 2025. Based on this filing, Nasdaq determined on September 23, 2025 that the company complies with Listing Rule 5250(c)(1).
Is the Nasdaq compliance matter for Elong Power Holding Limited (ELPW) now closed?
Yes. Nasdaq notified the company on September 23, 2025 that, after the Form 20-F filing, it complies with Rule 5250(c)(1), and the matter has been closed.
What filing was Elong Power Holding Limited (ELPW) late on?
Elong Power Holding Limited had not timely filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, which triggered the Nasdaq compliance notice.
Does Elong Power Holding Limited (ELPW) remain listed on Nasdaq after this 6-K?
According to the disclosure, Nasdaq has determined the company now complies with Listing Rule 5250(c)(1) following the Form 20-F filing, and the compliance matter has been closed, indicating continued adherence to Nasdaq’s listing requirements.
Who signed the Elong Power Holding Limited (ELPW) Form 6-K?
The Form 6-K was signed on behalf of Elong Power Holding Limited by Xiaodan Liu, who is identified as Chief Executive Officer and Chairwoman of the Board of Directors.