CBAK Energy Technology, Inc. Receives Nasdaq Notice for Non-Compliance with Minimum Bid Price Requirement

CBAK Energy Technology, Inc. (NASDAQ: CBAT) has announced that it received a formal notice from the Listing Qualifications staff of The Nasdaq Stock Market LLC (“Nasdaq”) on April 30, 2026, indicating that the company is currently not in compliance with the minimum bid price requirement as set forth in Nasdaq Listing Rule 5550(a)(2).

Key Points of the Report

• Non-Compliance Notice: The notice from Nasdaq informs CBAK Energy Technology, Inc. that the closing bid price for its common stock has been below the required \$1.00 per share for the last 30 consecutive business days.
• Potential Delisting Risk: If the company fails to regain compliance with the minimum bid price requirement within the designated compliance period, its shares may be subject to delisting from the Nasdaq Capital Market.
• Compliance Period: The company has a set period (typically 180 calendar days) to regain compliance by ensuring that its closing bid price meets or exceeds \$1.00 per share for at least 10 consecutive business days during this grace period. If the company does not regain compliance, it may be eligible for an additional 180-day extension, subject to meeting certain requirements.
• Right to Appeal: If the company cannot regain compliance within the allowed period(s), Nasdaq will notify CBAK Energy Technology, Inc. of its determination to delist the shares. At that point, the company will have the opportunity to appeal the delisting determination to a Nasdaq Hearings Panel.

Important Information for Shareholders

• Share Price Volatility: The notice regarding non-compliance with the minimum bid price requirement is a material event. Such announcements can lead to increased share price volatility as investors assess the risk of potential delisting.
• Continued Listing Status: The company’s ability to remain listed on the Nasdaq Capital Market is now at risk. Delisting from Nasdaq could significantly impact the liquidity and marketability of CBAK’s shares, potentially resulting in lower trading volumes and a reduced share price.
• No Immediate Impact: While the notice does not result in the immediate delisting of the company’s shares, it initiates a process that could lead to delisting if compliance is not regained in the specified timeframe.
• Management Response: The company has not yet disclosed any specific plans or actions to regain compliance, such as a potential reverse stock split or other measures, but shareholders should closely monitor further announcements and management’s response.

Details of the Company and Filing

• Company Name: CBAK Energy Technology, Inc.
• Trading Symbol: CBAT
• Exchange: Nasdaq Capital Market
• Securities Registered: Common Stock, \$0.001 par value
• Report Date: April 30, 2026
• Filing Type: Form 8-K (Current Report)
• Contact Information: Phone: (86)(411) 3918-5985
• Location: BAK Industrial Park, Meigui Street, Dalian, China, 116450
• Chief Financial Officer Signing the Report: Jiewei Li

Potential Share Price Impact and Outlook

• The receipt of a Nasdaq non-compliance notice is generally considered a price-sensitive event. The risk of delisting may prompt some investors to sell their shares, which could result in further downward pressure on the stock price.
• However, if CBAK Energy Technology, Inc. implements corrective actions and communicates a clear path to regain compliance, investor confidence may be restored. Shareholders should monitor the situation closely, as any updates or strategic responses from management could have a significant impact on the share price.
• The company’s status as a non-emerging growth company and the lack of any written communications, soliciting material, or pre-commencement tender offers related to this filing were also noted.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with financial advisors before making investment decisions. The information is based on disclosures made by CBAK Energy Technology, Inc. as of April 30, 2026, and may be subject to change.

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