Skycorp Solar regains Nasdaq minimum bid compliance

Skycorp Solar Group Limited has regained compliance with Nasdaq’s minimum bid price rule for its Class A ordinary shares.

Rhea-AI Filing Summary

Skycorp Solar Group Limited has regained compliance with Nasdaq’s minimum bid price rule for its Class A ordinary shares. Nasdaq confirmed that from April 13 to April 24, 2026, the stock’s closing bid price stayed at or above $1.00 per share for 10 consecutive business days.

With this confirmation, the prior deficiency under Nasdaq Listing Rule 5550(a)(2) is resolved, the matter is closed, and the company’s Class A ordinary shares are no longer subject to delisting from Nasdaq.

Positive

• Nasdaq listing risk removed: The company regained compliance with Nasdaq’s Minimum Bid Price Requirement, closing the deficiency matter and ensuring its Class A ordinary shares are no longer subject to delisting.

Negative

• None.

Insights

Equity Market & Listing Analyst

Skycorp removes Nasdaq delisting risk by regaining minimum bid compliance.

Skycorp Solar Group Limited received a Nasdaq notice confirming compliance with Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. Its Class A ordinary shares met or exceeded this level for 10 consecutive business days through April 24, 2026.

This resolution means the previous bid-price deficiency is closed and the shares are no longer subject to delisting procedures. Maintaining this price level over time will depend on future trading dynamics and company performance, but the immediate listing status concern described here has been removed.

Key Figures

Minimum bid price threshold: $1.00 per share Compliance period length: 10 consecutive business days Compliance period dates: April 13–24, 2026

3 metrics

Minimum bid price threshold $1.00 per share Nasdaq Listing Rule 5550(a)(2) Minimum Bid Price Requirement

Compliance period length 10 consecutive business days Closing bid price at or above $1.00 per share

Compliance period dates April 13–24, 2026 Dates during which the minimum bid requirement was satisfied

Key Terms

Minimum Bid Price Requirement, Nasdaq Listing Rule 5550(a)(2), Class A ordinary shares, Compliance Notice

4 terms

Minimum Bid Price Requirement regulatory

"informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (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.

Nasdaq Listing Rule 5550(a)(2) regulatory

"regained compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”)."

Class A ordinary shares financial

"the closing bid price of the Company’s Class A ordinary shares has been above $1.00 per share"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Compliance Notice regulatory

"a written notification letter (the “Compliance Notice”) from the staff of the Listing Qualifications Department"

A compliance notice is a formal communication, usually from a regulator, exchange or a company’s compliance team, that alerts stakeholders a firm is not meeting required laws, rules or reporting standards and must take corrective action. For investors it matters because such notices can signal legal or financial risk, possible fines, delays in business activity or trading restrictions — like a warning light that may affect a stock’s value until the issue is resolved.

FAQ

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

What did Skycorp Solar Group Limited (PN) announce in this update?

Skycorp Solar Group Limited announced that Nasdaq confirmed the company has regained compliance with the minimum bid price requirement. This means the prior deficiency is resolved and its Class A ordinary shares are no longer subject to delisting procedures on Nasdaq.

How did Skycorp Solar (PN) regain compliance with Nasdaq’s bid price rule?

Skycorp regained compliance because its Class A ordinary shares closed at or above $1.00 per share for 10 consecutive business days. Nasdaq reviewed prices from April 13 to April 24, 2026 and then issued a written Compliance Notice confirming the requirement was met.

What is Nasdaq Listing Rule 5550(a)(2) mentioned by Skycorp Solar (PN)?

Nasdaq Listing Rule 5550(a)(2) is the minimum bid price requirement for continued listing on the Nasdaq Capital Market. It generally requires a company’s listed shares to maintain a closing bid price of at least $1.00 per share over a specified consecutive trading-day period.

Are Skycorp Solar’s (PN) Class A ordinary shares still at risk of delisting?

According to the company’s disclosure, Skycorp Solar’s Class A ordinary shares are no longer subject to delisting. Nasdaq’s Compliance Notice stated the firm has regained the minimum bid price compliance, and the related deficiency matter has been formally closed at this time.

What period did Nasdaq review for Skycorp Solar’s (PN) minimum bid price compliance?

Nasdaq reviewed the closing bid price of Skycorp Solar’s Class A ordinary shares for the 10 consecutive business days from April 13, 2026 through April 24, 2026. During this entire period, the closing bid price was at or above $1.00 per share, satisfying the requirement.

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 04/28/2026 - 08:00 AM 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

under the Securities Exchange Act of 1934

For the month of April 2026

Commission file number: 001-42544

Skycorp Solar Group Limited

Room 303, Block B, No.188 Jinghua Road, Yinzhou District, 

Ningbo City, Zhejiang Province, China 315048

+86 0574 87966876

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

EXPLANATORY NOTE

On April 28, 2026, Skycorp Solar Group Limited (the “Company”) issued a press release announcing its receipt a written notification letter (the “Compliance Notice”) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC dated April 27, 2026, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). According to the Compliance Notice, for the last 10 consecutive business days, from April 13, 2026 to April 24, 2026, the closing bid price of the Company’s Class A ordinary shares has been above $1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed. Therefore, the Company’s Class A ordinary shares are no longer subject to delisting.

A copy of the press release is filed as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference.

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INDEX TO EXHIBITS

Exhibit Number		Exhibit Title
99.1		Skycorp Solar Group Limited Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

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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, thereunto duly authorized.

	Skycorp Solar Group Limited
Date: April 28, 2026	By:	/s/ Weiqi Huang
	Name:	Weiqi Huang
	Title:	Chief Executive Officer, Chairman of the Board, Director

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Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 SKYCORP SOLAR GROUP LIMITED ANNOUNCES REGAINING COMPLIANCE 7.3 KB