Kandi warned by Nasdaq on minimum bid price

Kandi Technologies Group, Inc. has received a Nasdaq notice that its ordinary shares are out of compliance with the $1.00 minimum bid price requirement after trading below that level for 30 consecutive business days from March 23 through May 4, 2026.

Rhea-AI Filing Summary

Kandi Technologies Group, Inc. has received a Nasdaq notice that its ordinary shares are out of compliance with the $1.00 minimum bid price requirement after trading below that level for 30 consecutive business days from March 23 through May 4, 2026. The notice does not immediately affect the listing of its shares on the Nasdaq Global Select Market.

Kandi has 180 calendar days, until November 2, 2026, to regain compliance, which would occur if the closing bid price is at least $1.00 for ten consecutive business days. If it cannot regain compliance by then, the company may seek a transfer to the Nasdaq Capital Market and potentially take actions such as a reverse stock split. Failure to cure the deficiency could ultimately lead to a Nasdaq delisting determination, though Kandi could appeal.

Positive

• None.

Negative

• Nasdaq minimum bid price deficiency and delisting risk: Kandi’s ordinary shares traded below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a compliance deficiency. If the price is not restored within the allowed periods, the shares could ultimately face delisting from Nasdaq.

Insights

Equity market structure analyst

Nasdaq bid-price deficiency creates listing risk if Kandi cannot cure it.

Kandi Technologies Group has fallen below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a formal deficiency notice. While this has no immediate effect on trading, it starts a compliance clock that investors often view as a credibility and liquidity overhang.

The company has until November 2, 2026 to achieve at least ten consecutive trading days with a closing bid at or above $1.00. If it fails, it can apply to move to the Nasdaq Capital Market by paying a $5,000 fee and meeting that market’s other listing standards, aside from bid price.

The disclosure that the board may consider options, including a reverse stock split, signals that equity structure changes are on the table if the share price does not recover organically. Actual impact will depend on future share-price performance and any structural actions described in subsequent company communications.

Key Figures

Minimum bid price requirement: $1.00 per share Non-compliance window: March 23–May 4, 2026 Initial compliance period length: 180 calendar days +3 more

6 metrics

Minimum bid price requirement $1.00 per share Nasdaq Listing Rule 5450(a)(1) for ordinary shares

Non-compliance window March 23–May 4, 2026 30 consecutive business days below $1.00 closing bid

Initial compliance period length 180 calendar days From May 5, 2026 notice to November 2, 2026

Days required at or above $1.00 10 consecutive business days To regain Nasdaq minimum bid price compliance

Transfer application fee $5,000 Non-refundable fee to apply to Nasdaq Capital Market

Low-price delisting trigger $0.10 closing bid for 10 days Threshold for Staff Delisting Determination under Rule 5810

Key Terms

Nasdaq Listing Rules 5450(a)(1), Initial Compliance Period, Nasdaq Capital Market, reverse stock split, +1 more

5 terms

Nasdaq Listing Rules 5450(a)(1) regulatory

"As set forth in the Nasdaq Listing Rules 5450(a)(1) (“Nasdaq Listing Rule”), it requires that the closing bid price..."

Nasdaq Listing Rule 5450(a)(1) is a stock exchange standard that requires a listed company's shares to maintain a minimum trading bid price (commonly $1.00) to remain on the exchange. It matters to investors because falling below that floor can trigger a warning and possible delisting, similar to a store losing its lease if it no longer meets a mall’s rent rules—affecting liquidity, valuation and the ease of buying or selling the stock.

Initial Compliance Period regulatory

"the Company has a period of 180 calendar days from the date of notification, or until November 2, 2026 (the “Initial Compliance Period”)..."

Nasdaq Capital Market regulatory

"the Company would need to apply for a transfer to the Nasdaq Capital Market."

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

reverse stock split financial

"including by effecting a reverse stock split if necessary."

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.

Staff Delisting Determination regulatory

"Nasdaq will issue a Staff Delisting Determination under Rule 5810 with respect to such securities."

A staff delisting determination is a formal finding by exchange or regulatory staff that a listed security no longer meets the rules required to stay listed, similar to an official notice that a rental property no longer qualifies for occupancy. It matters to investors because it often precedes removal from the exchange, which can sharply reduce a stock’s visibility, trading liquidity and value, and may trigger urgent choices like selling, appealing the decision or seeking alternative markets.

FAQ

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

What Nasdaq notice did Kandi Technologies Group (KNDI) receive?

Kandi received a Nasdaq notification that its ordinary shares no longer meet the $1.00 minimum bid price requirement, after closing below that level for 30 consecutive business days from March 23 through May 4, 2026, creating a formal compliance deficiency.

How long does Kandi Technologies (KNDI) have to regain Nasdaq bid price compliance?

Kandi has 180 calendar days, until November 2, 2026, to regain compliance. It must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days within this initial compliance period.

What happens if Kandi (KNDI) cannot meet the $1.00 bid price by November 2, 2026?

If Kandi does not regain compliance by November 2, 2026, it may seek additional time by applying to transfer its listing to the Nasdaq Capital Market. If unsuccessful, Nasdaq staff could issue a delisting determination, subject to Kandi’s right to appeal.

Does the Nasdaq bid price deficiency immediately affect Kandi’s Nasdaq listing?

The notification has no immediate effect on Kandi’s listing. Its ordinary shares will continue trading on the Nasdaq Global Select Market during the 180‑day initial compliance period, while the company monitors its share price and evaluates potential remedial actions.

What steps might Kandi Technologies (KNDI) take to cure the Nasdaq deficiency?

Kandi intends to monitor the closing bid price through November 2, 2026. If organic recovery is insufficient and it is not eligible for additional time, the board of directors will consider options to achieve compliance, including potentially effecting a reverse stock split.

What additional Nasdaq rules apply if Kandi’s share price falls to $0.10?

If, during a compliance period, Kandi’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, increasing the immediate risk of the securities being delisted.

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

Form 6-K: How Foreign Companies Report to the SEC →

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Accepted by SEC EDGAR 05/08/2026 - 04:05 PM EDT Learn about SEC filing dates

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.		Description of Exhibit
99.1		Press Release dated May 8, 2026, announcing Receipt of Nasdaq Notification regarding Minimum Bid Price Compliance Deficiency.

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: May 8, 2026	Kandi Technologies Group, Inc.
	By:	/s/ Feng Chen
	Name:	Feng Chen
	Title:	Chief Executive Officer

2

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

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 PRESS RELEASE DATED MAY 8, 2026, ANNOUNCING RECEIPT OF NASDAQ NOTIFICATION REGAR 11.6 KB