Turbo Energy (NASDAQ: TURB) flagged by Nasdaq for low equity and faces listing risk
Rhea-AI Filing Summary
Turbo Energy, S.A. reports that on January 12, 2026 it received a notice from Nasdaq stating the company is no longer in compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq cited stockholders’ equity of approximately $1.5 million as of June 30, 2025, below the required $2.5 million, and noted that the company also does not meet alternative standards based on market value of listed securities or net income from continuing operations.
The company has 45 calendar days, until February 26, 2026, to submit a plan to regain compliance, and Nasdaq may grant up to 180 calendar days from the date of the notice to demonstrate compliance if the plan is accepted. The notice does not immediately affect the listing or trading of Turbo Energy’s ordinary shares, and the company intends to evaluate options and submit a compliance plan, while warning there is no assurance it will be accepted or that compliance will be regained.
Positive
- None.
Negative
- Nasdaq listing deficiency and delisting risk: Turbo Energy’s stockholders’ equity of approximately $1.5 million is below Nasdaq’s $2.5 million requirement, and it also fails alternative standards, creating a defined risk that the shares could be delisted if compliance is not restored within the allowed timeframe.
Insights
Nasdaq deficiency highlights balance sheet weakness and listing risk.
Turbo Energy, S.A. reports that Nasdaq has determined it is out of compliance with the Capital Market’s continued listing standards because stockholders’ equity was approximately
The company has