Blink Charging Seeks 180-Day Nasdaq Extension to Meet $1 Bid Rule
BLNK•Blink Charging has formally requested a second 180-day extension, until January 25, 2027, to regain compliance with Nasdaq’s $1 minimum bid price requirement. The company anticipates official notification by July 27, 2026, provided it maintains market value of publicly held shares and other listing standards.
1. Request Submission
Blink Charging has submitted a formal request to Nasdaq for an additional 180-day compliance period under Listing Rule 5550(a)(2), aiming to satisfy the $1 minimum bid price requirement. The extension would run until January 25, 2027, providing further time to restore the share price above the threshold.
2. Extension Eligibility and Timeline
Based on Nasdaq guidance, Blink believes it qualifies for a second 180-day extension if it continues to meet the market value of publicly held shares and all other initial listing standards. The company expects to receive official notification of the extension decision by July 27, 2026.
3. Delisting Risks and Next Steps
There is no guarantee Nasdaq will grant the requested extension or that Blink will regain compliance within the period. The company will closely monitor its bid price and listing status, providing updates as necessary to investors and stakeholders.
