Nasdaq gives Huachen AI Parking (HCAI) more time to fix sub-$1 share price
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
To comply, the closing bid price must be at least
If the company does not meet the requirement by