Greenland Technologies gets Nasdaq bid-price extension

Greenland Technologies Holding Corp. (GTEC) reports that Nasdaq has granted an additional 180-day “Second Compliance Period,” until March 8, 2027, to regain compliance with the $1.00 minimum bid price requirement for its Class A ordinary shares.

Rhea-AI Filing Summary

Greenland Technologies Holding Corp. (GTEC) reports that Nasdaq has granted an additional 180-day “Second Compliance Period,” until March 8, 2027, to regain compliance with the $1.00 minimum bid price requirement for its Class A ordinary shares. The extension follows an earlier 180-day period that ended September 8, 2026, after the shares traded below $1.00 for 30 consecutive business days. There is no immediate impact on the Nasdaq listing, but if the company does not achieve a closing bid of at least $1.00 for the required consecutive trading days by the new deadline, its shares will be subject to delisting, with only an appeal process available. The company states it will monitor its share price and may consider actions such as a reverse stock split to cure the deficiency.

Positive

• None.

Negative

• Delisting risk if compliance not regained by March 8, 2027: Failure to lift the closing bid to at least $1.00 for the required consecutive days during the Second Compliance Period would result in Nasdaq moving to delist the shares, with no assurance that any appeal would succeed.

Filing Explained

The company’s stated cure path includes a possible reverse split, which would reduce shares and raise the per-share price without changing value by itself.

The company told Nasdaq it intends to cure the bid-price deficiency by effecting a reverse stock split if necessary; its Class A ordinary shares remain listed during the second compliance period through March 8, 2027.

A reverse stock split would reduce the share count and raise the per-share price proportionally, while leaving company value unchanged by the split itself. The filing therefore discloses a conditional price-compliance mechanism, not an executed split. Nasdaq said the company met the market-value and other initial listing standards, except for the minimum bid-price requirement.

The stated resolution test is a closing bid of at least $1.00 for 10 consecutive business days; Nasdaq staff may extend that test to as many as 20 consecutive business days.

8-K Event Classification

2 items: 3.01, 9.01

2 items

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities

The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Initial non-compliance trigger period: 30 consecutive business days Minimum bid price requirement: $1.00 per share Initial Compliance Period length: 180 calendar days +3 more

6 metrics

Initial non-compliance trigger period 30 consecutive business days Closing bid price of Class A ordinary shares was below $1.00

Minimum bid price requirement $1.00 per share Nasdaq Listing Rule 5550(a)(2) for continued listing

Initial Compliance Period length 180 calendar days From March 12, 2026 notice to September 8, 2026

Second Compliance Period length 180 calendar days Extension granted through March 8, 2027

Required compliant trading span At least 10 consecutive business days Closing bid at or above $1.00; may be extended up to 20 days

Compliance Date March 8, 2027 Deadline to regain minimum bid price compliance on Nasdaq

Key Terms

Nasdaq Listing Rule 5550(a)(2), Second Compliance Period, minimum bid price requirement, reverse stock split, +1 more

5 terms

Nasdaq Listing Rule 5550(a)(2) regulatory

"did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"

Second Compliance Period regulatory

"eligible for an additional 180-day period (the “Second Compliance Period”)"

minimum bid price requirement financial

"to regain compliance with the minimum bid price requirement"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

reverse stock split financial

"intention to cure the deficiency during the Second Compliance Period, by effecting a reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

market value of publicly held shares financial

"meeting the continued listing requirement for market value of publicly held shares"

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.

FAQ

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

What Nasdaq notice did Greenland Technologies (GTEC) receive about its listing status?

Greenland Technologies received a Nasdaq letter on September 10, 2026, granting an additional 180-day Second Compliance Period to regain compliance with the $1.00 minimum bid price requirement for its Class A ordinary shares.

What is the new deadline for GTEC to regain Nasdaq minimum bid price compliance?

The new deadline, called the Compliance Date, is March 8, 2027. By then, GTEC must achieve a closing bid price of at least $1.00 per share for the required number of consecutive business days to maintain its Nasdaq listing.

Why was Greenland Technologies (GTEC) originally out of compliance with Nasdaq rules?

Nasdaq notified Greenland Technologies on March 12, 2026 that its Class A ordinary shares had a closing bid price below $1.00 for 30 consecutive business days, failing the Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement.

What could happen if GTEC does not meet the minimum bid price by March 8, 2027?

If compliance is not regained by March 8, 2027, Nasdaq staff will notify Greenland Technologies that its Class A ordinary shares are subject to delisting. The company could appeal to a hearings panel, but the outcome of any appeal is not assured.

How does Greenland Technologies (GTEC) plan to address the Nasdaq bid price deficiency?

Greenland Technologies states it will actively monitor the closing bid price of its Class A ordinary shares and evaluate available options to resolve the deficiency, including potentially effecting a reverse stock split during the Second Compliance Period.

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

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Available on EDGAR 09/11/2026 - 04:10 PM Accepted by SEC EDGAR 09/11/2026 - 04:10 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): September 10, 2026

GREENLAND TECHNOLOGIES HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

British Virgin Islands		001-38605		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

10-F, Building #12, Sunking Plaza, Gaojiao Road Hangzhou, Zhejiang People’s Republic of China		311122
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number including area code: 1 (888) 827-4832

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:

☐ 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))

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. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Class A ordinary shares, no par value		GTEC		The Nasdaq Stock Market LLC

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously reported on its Current Report on Form 8-K filed on March 16, 2026, Greenland Technologies Holding Corporation (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on March 12, 2026, notifying the Company that the closing bid price per share for its Class A ordinary shares (the “Class A Ordinary Shares”) was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company had 180 calendar days, or until September 8, 2026 (the “Initial Compliance Date”), to regain compliance with the minimum bid price requirement by having shares of the Company’s Class A Ordinary Shares maintain a minimum closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days before the Initial Compliance Date.

On September 10, 2026, the Company received a letter from the Staff (the “Letter”) notifying the Company that the Company is eligible for an additional 180-day period (the “Second Compliance Period”), or until March 8, 2027 (the “Compliance Date”), to regain compliance, based on the Staff’s determination of the Company meeting the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the minimum bid price requirement, and the Company’s written notice to Nasdaq of its intention to cure the deficiency during the Second Compliance Period, by effecting a reverse stock split, if necessary. The Letter has no immediate impact on the listing of the Company’s Class A Ordinary Shares on Nasdaq. If at any time during the Second Compliance Period the closing bid price of the Company’s Class A Ordinary Shares is at least $1.00 per share for a minimum of 10 consecutive business days (which may be extended to be a period of up to 20 consecutive business days in the discretion of the Staff), Nasdaq will provide the Company with written confirmation of compliance.

If the Company does not regain compliance by the Compliance Date, the Staff will provide written notification that the Company’s Class A Ordinary Shares are subject to delisting. At that time, the Company may appeal the delisting determination to a hearings panel pursuant to the procedures set forth in the applicable Nasdaq listing rules. However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination by Nasdaq to the panel, such appeal would be successful.

The Company intends to actively monitor the closing bid price of its Class A Ordinary Shares between now and the Compliance Date and, as appropriate, will evaluate available options to resolve the deficiency and regain compliance with the minimum bid price requirement.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

No.		Description
104		Cover Page Interactive Data File (formatted in Inline iXBRL).

Cautionary Note Regarding Forward-Looking Statements

Any statements in this Current Report on Form 8-K about the Company’s future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties and actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements about the Company’s ability to regain compliance with Nasdaq Listing Rule 5550(a)(2) during the Second Compliance Period, the Company’s plans and actions to cure the bid price deficiency, including by effecting a reverse stock split if necessary, the Company’s ability to maintain a closing bid price of at least $1.00 per share for the requisite period, the potential delisting of the Company’s Class A Ordinary Shares and the Company’s ability to successfully appeal any such delisting determination, and the Company’s intentions to monitor the closing bid price of its Class A Ordinary Shares and evaluate available options to resolve the deficiency. These statements also include other statements containing the words “believes,” “anticipates,” “plans,” “expects,” “intends,” and similar expressions. Risks that contribute to the uncertain nature of the forward-looking statements include: the Company’s ability to regain compliance with the minimum bid price requirement by March 8, 2027, risks and uncertainties associated with effecting a reverse stock split, including the potential impact on the trading price and liquidity of the Company’s Class A Ordinary Shares, the possibility that the Company’s Class A Ordinary Shares may be delisted from Nasdaq if compliance is not regained, general market conditions affecting the trading price of the Company’s Class A Ordinary Shares, as well as other risks and uncertainties set forth in the Company’s Periodic Report on Form 10-Q for the quarter ended June 30, 2026 filed with the SEC and in subsequent filings with the SEC. All forward-looking statements contained in this Current Report on Form 8-K speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statement, whether because of new information, future events or otherwise.

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SIGNATURE

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 hereunto duly authorized. 

Greenland Technologies Holding Corporation

Dated: September 11, 2026	By:	/s/ Raymond Z. Wang
	Name:	Raymond Z. Wang
	Title:	Chief Executive Officer

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