STOCK TITAN

Nasdaq gives Huachen AI Parking (HCAI) more time to fix sub-$1 share price

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Huachen AI Parking Management Technology Holding Co., Ltd received an additional 180-day extension from Nasdaq, until August 3, 2026, to regain compliance with the $1.00 minimum bid price requirement for its Class A ordinary shares.

The shares had traded below $1.00 for 30 consecutive business days, triggering the original deficiency notice and initial compliance period that ended February 2, 2026. To cure the deficiency, the closing bid price must be at or above $1.00 for at least 10 consecutive business days during the new period.

The company’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “HCAI” while it works to regain compliance and evaluates options. If compliance is not restored by August 3, 2026, Nasdaq staff may move to delist the shares, though the company would have the right to appeal any delisting determination.

Positive

  • None.

Negative

  • Ongoing Nasdaq bid-price deficiency with delisting risk: The company has not yet regained compliance with Nasdaq’s $1.00 minimum bid price rule and now faces a final extended deadline of August 3, 2026, after which its Class A ordinary shares may be subject to delisting absent a successful appeal.

Insights

Nasdaq bid-price deficiency persists, with delisting risk if not cured by August 3, 2026.

Huachen AI Parking Management Technology Holding Co., Ltd remains out of compliance with Nasdaq’s $1.00 minimum bid price rule for its Class A ordinary shares. Nasdaq has granted a second 180-day window, extending the cure deadline to August 3, 2026, after the company failed to regain compliance by February 2, 2026.

To comply, the closing bid price must be at least $1.00 for 10 consecutive business days during this new period. The shares continue trading on the Nasdaq Capital Market under the symbol HCAI, so there is no immediate trading impact, but the deficiency status remains.

If the company does not meet the requirement by August 3, 2026, Nasdaq staff may move to delist the securities, with an appeal right to a hearings panel. The company states it is evaluating options and intends to use reasonable efforts to regain compliance, but the outcome is uncertain based on the information provided.

 

 

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 February 2026

 

Commission File Number: 001-42505

 

Huachen AI Parking Management Technology Holding Co., Ltd

(Translation of registrant’s name into English)

 

No.1018 Haihe Road, Dushangang Town,

Pinghu City, Jiaxing, Zhejiang Province,

China, 314205

(Address of principal executive office)

 

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

 

 

 

 

 

As previously disclosed in the Current Report on Form 6-K of Huachen AI Parking Management Technology Holding Co., Ltd (the “Company”) filed with the U.S. Securities and Exchange Commission on August 6, 2025, the Company received a notification letter from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) on August 4, 2025, notifying the Company that the minimum closing bid price per share for its Class A ordinary shares, with par value of $0.00000125 per share (“Class A Ordinary Shares”), was below $1.00 for a period of 30 consecutive business days and as a result, the Company did not meet the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq provided the Company with a 180-calendar-day compliance period, or until February 2, 2026, to regain compliance.

 

On February 4, 2026, the Company received a notification letter from Nasdaq stating that, although the Company had not regained compliance with the minimum bid price requirement by February 2, 2026, in accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was granted for an additional 180-calendar-day period, or until August 3, 2026, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the closing bid price of the Company’s Class A Ordinary Shares must meet or exceed $1.00 per share for a minimum of 10 consecutive business days during this 180-day period.

 

The notification letter has no immediate impact on the listing and trading of the Company’s Class A Ordinary Shares, which will continue to be listed and traded on the Nasdaq Capital Market under the symbol “HCAI”, subject to the Company’s compliance with other Nasdaq’s continued listing requirements. The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s minimum bid price requirements. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2). However, there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirements.

 

If the Company is unable to regain compliance by August 3, 2026, the Staff will provide written notification that the Company’s securities will be delisted. The Company would have the right to appeal a determination to delist its Class A Ordinary Shares to a hearings panel.

 

1

 

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: February 5, 2026 Huachen AI Parking Management Technology Holding Co., Ltd,
   
  By: /s/ Bin Lu
  Name:  Bin Lu
  Title: Chief Executive Officer

 

2

 

FAQ

What did Huachen AI Parking (HCAI) disclose about its Nasdaq listing status?

Huachen AI Parking disclosed that Nasdaq granted an additional 180-day period, until August 3, 2026, to regain compliance with the $1.00 minimum bid price rule for its Class A ordinary shares, which currently remain listed on the Nasdaq Capital Market under the symbol HCAI.

Why is Huachen AI Parking (HCAI) out of compliance with Nasdaq rules?

Huachen AI Parking is out of compliance because the closing bid price of its Class A ordinary shares stayed below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2), which sets the minimum bid price requirement for continued listing on the Nasdaq Capital Market.

What must Huachen AI Parking (HCAI) do to regain Nasdaq compliance?

To regain compliance, Huachen AI Parking’s Class A ordinary shares must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the new 180-day period ending August 3, 2026, as required by Nasdaq Listing Rule 5550(a)(2).

What happens if Huachen AI Parking (HCAI) misses the August 3, 2026 deadline?

If Huachen AI Parking does not regain compliance by August 3, 2026, Nasdaq staff may notify the company that its securities will be delisted from the Nasdaq Capital Market, although the company would have the right to appeal this delisting determination to a Nasdaq hearings panel.

Is Huachen AI Parking’s stock still trading on Nasdaq and under what symbol?

Yes. Despite the bid-price deficiency, Huachen AI Parking’s Class A ordinary shares continue to be listed and traded on the Nasdaq Capital Market under the symbol HCAI, as long as the company continues meeting Nasdaq’s other continued listing requirements during the extended compliance period.

How is Huachen AI Parking (HCAI) responding to the Nasdaq compliance issue?

Huachen AI Parking states it is currently evaluating options to regain compliance and intends to use all reasonable efforts to meet Nasdaq’s $1.00 minimum bid price requirement, while acknowledging there is no assurance it will successfully regain or maintain compliance with Nasdaq’s continued listing standards.
Huachen AI Parking Management Technology Holding Co.

NASDAQ:HCAI

HCAI Rankings

HCAI Latest News

HCAI Latest SEC Filings

HCAI Stock Data

8.23M
4.90M
158.75%
0.09%
0.38%
Farm & Heavy Construction Machinery
Industrials
Link
China
Pinghu