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 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File Number: 333-259881
KANDI TECHNOLOGIES GROUP, INC
(Translation of registrant’s name into English)
Jinhua New Energy Vehicle Town
Jinhua, Zhejiang Province
People’s Republic of China, 321016
(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 ☐
Kandi Technologies Group, Inc., a British Virgin
Islands company (the “Company”), furnishes under the cover of Form 6-K the following:
| Exhibit No. |
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Description of Exhibit |
| 99.1 |
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Press Release dated May 8, 2026, announcing Receipt of Nasdaq Notification regarding Minimum Bid Price Compliance Deficiency. |
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: May 8, 2026 |
Kandi Technologies Group, Inc. |
| |
|
|
| |
By: |
/s/ Feng Chen |
| |
Name: |
Feng Chen |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
Kandi Announces Receipt of
Nasdaq Notification Regarding Minimum Bid Price
Compliance Deficiency
JINHUA, China, May 8, 2026 – Kandi Technologies
Group, Inc. (“Kandi” or the “Company”) (NASDAQ GS: KNDI), a global innovator in intelligent equipment and a technology-driven
platform company, today announced that, on May 5, 2026, the Company received a notification letter (“Nasdaq Notification”)
from the Nasdaq Listing Qualifications Department (“Nasdaq”) notifying the Company that it is not in compliance with the minimum
bid price requirement from March 23, 2026 through May 4, 2026. As set forth in the Nasdaq Listing Rules 5450(a)(1) (“Nasdaq Listing
Rule”), it requires that the closing bid price for the Company’s ordinary shares listed on the Nasdaq be maintained at a minimum
of $1.00 per share and failure to meet it for 30 consecutive business days constitutes a compliance deficiency.
The notification has no immediate effect on the
listing of the Company’s ordinary shares on the Nasdaq.
In accordance with the Nasdaq Listing Rule 5810(c)(3)(A),
the Company has a period of 180 calendar days from the date of notification, or until November 2, 2026 (the “Initial Compliance
Period”), to regain compliance with the minimum bid price requirement. During this period, the Company’s ordinary shares will
continue to trade on the Nasdaq Global Select Market. If at any time during the Initial Compliance Period, the closing bid price of the
Company’s ordinary shares is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will provide a written
notification of compliance notifying that the Company has regained compliance with the minimum bid price requirement.
In the event the
Company does not regain compliance by November 2, 2026, it may be eligible for additional time to demonstrate compliance with the bid
price requirement pursuant to Nasdaq Listing Rule 5810(c)(3)(A). To qualify, the Company would need to apply for a transfer to the Nasdaq
Capital Market. In connection with such transfer, the Company must submit an online transfer application (“Transfer Application”),
pay a non-refundable application fee of $5,000, and meet the continued listing requirements of the Nasdaq Capital Market. In addition,
the Company would be required to meet the continued listing requirements for the market value of publicly held shares and all other initial
listing standards, other than the minimum bid price requirement, and to provide written notice of its intention to cure the deficiency
during the second compliance period, including by effecting a reverse stock split if necessary. Nasdaq’s staff (the “Staff”)
will determine whether the Company will be able to cure this deficiency. If the Staff conclude that the Company will not be able to cure
the deficiency, or if the Company determines not to submit a Transfer Application or make the required representation, Nasdaq will notify
the Company that its securities will be subject to delisting, and the Company may appeal any such determination to a Nasdaq hearing panel
in accordance with applicable procedures.
In addition, if, during any compliance period
specified in the Nasdaq Listing Rule 5810(c)(3)(A)(iii), the Company’s ordinary shares have a closing bid price of $0.10 or less
for ten consecutive trading days, Nasdaq will issue a Staff Delisting Determination under Rule 5810 with respect to such securities.
The Company intends to monitor the closing bid
price of its ordinary shares between now and November 2, 2026. In the event that the Company is not eligible for additional time to regain
compliance with the Nasdaq requirements toward the end of the Initial Compliance Period, the Company’s board of directors will consider
available options to achieve compliance.
About Kandi Technologies Group, Inc.
Kandi Technologies
Group, Inc. (NASDAQ: KNDI) is a global innovator in intelligent equipment and a technology-driven platform company. It leverages technological
innovation, a global supply chain, and advanced manufacturing to transform industries and expand real-world applications, bringing technology
closer to people’s everyday lives. Guided by a “one core, two growth engines” strategic framework, the Company anchors
its business in all-domain intelligent vehicles, with battery swapping equipment and intelligent robotics as two strategic growth pillars.
Driven by its mission to bring joy to daily life, Kandi fosters shared success and sustainable, long-term growth through open collaboration
and mutually beneficial partnerships, creating enduring industrial and societal value while building a globally respected brand.
For more information, please visit ir.kandigroup.com.
The Company routinely provides important updates on its website.
Safe Harbor Statement
This press release contains certain statements
that may include “forward-looking statements.” All statements other than statements of historical fact included herein are
“forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology,
such as “believes,” “expects,” or similar expressions,
involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking
statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You
should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s
actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors,
including the risk factors discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission
and available on the SEC’s website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting
on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the applicable securities
laws, the Company does not assume a duty to update these forward-looking statements.
For investor and media inquiries, please contact:
Kandi Technologies Group, Inc.
Kewa Luo
Tel: +1 (212) 551-3610
Email: IR@kandigroup.com
Piacente Financial Communications
Brandi Piacente
Tel: +86-10-6508-0677
Email: Kandi@thepiacentegroup.com
