Blink Charging Co. Given Additional Nasdaq Compliance Period for $1.00 Bid Rule

What Happened
Blink Charging Co. announced that Nasdaq issued a second notice on July 28, 2026, granting the company an additional 180-calendar day compliance period—until January 25, 2027—to regain compliance with Nasdaq’s $1.00 minimum bid price requirement under Rule 5550(a)(2). The company previously received an initial notice on January 26, 2026 and had until July 27, 2026 to cure the deficiency.

Key Details

• Nasdaq found Blink met market value of publicly held shares and other initial listing requirements except the $1.00 bid price rule.
• Second Compliance Period: 180 days, expiring January 25, 2027.
• To regain compliance, the closing bid must be at least $1.00 for a minimum of 10 consecutive business days (Nasdaq may require up to ~20 days).
• If needed, Blink may implement a reverse stock split (must be completed no later than 10 business days before Jan 25, 2027). If compliance is not demonstrated, Nasdaq will notify the company of delisting and Blink may appeal to a Nasdaq Hearings Panel.

Why It Matters
This filing signals that Blink’s stock remains below Nasdaq’s $1.00 minimum bid price but the exchange is allowing more time to fix it. If Blink fails to cure the deficiency by the deadline, Nasdaq could delist the shares, which could reduce liquidity and limit investors’ ability to trade the stock on Nasdaq. The company said it will monitor the bid price and may consider options (including a reverse split) to regain compliance.