Smart Powerr Corp. Announces Nasdaq Delisting; Trading Suspended

What Happened
Smart Powerr Corp. (CREG) filed an 8-K reporting that the Nasdaq Hearings Panel has determined to delist the company’s common stock and to suspend trading at the open on July 21, 2026. Nasdaq originally notified the company on May 1, 2026 that it did not meet the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The company timely requested a hearing (which stayed the delisting while pending), the hearing occurred on June 9, 2026, and the Panel issued the Delisting Notice on July 17, 2026.

Key Details

• Nasdaq cited failure to satisfy the $1.00 bid price requirement (Nasdaq Rule 5550(a)(2)).
• Important dates: Notification Letter — May 1, 2026; hearing — June 9, 2026; Delisting Notice — July 17, 2026; trading suspension effective at open July 21, 2026.
• The company may seek review by the Nasdaq Listing and Hearing Review Council within 15 days; the Council may also self-review within 45 days. Nasdaq will file a Form 25 with the SEC after applicable appeal periods.
• The company expects its common stock may be eligible to quote on the OTCQB under the symbol “CREG,” which it warns may be materially less liquid and could depress trading price and volume.

Why It Matters
Delisting from Nasdaq and suspension of trading are material events that typically reduce a stock’s visibility and liquidity. If trading moves to the OTCQB, investors can expect a smaller, less regulated market with potentially lower trading volume and wider bid-ask spreads, which may depress the stock price and make it harder to buy or sell shares. The company can appeal the Panel’s decision, so the outcome is not final until appeal periods and any Council review conclude; investors should monitor future filings and the company’s disclosures (including its 2025 Form 10-K risk factors) for updates.