Greenland Technologies wins Nasdaq extension to regain $1 minimum bid compliance by March 8, 2027

GTEC•2026-09-11

Nasdaq grants extra 180-day cure period

Greenland Technologies received a Nasdaq notice granting an extra 180-day window to cure its minimum bid-price deficiency.

Nasdaq flagged the stock for trading below USD 1 for 30 straight business days, breaching Listing Rule 5550(a)(2). The new compliance deadline is March 8, 2027; compliance requires a closing bid of at least USD 1 for 10 consecutive days.

Possible next steps if compliance is not regained

Failure to regain compliance by then could trigger a delisting notice; the company could appeal to a Nasdaq hearings panel.

Management signaled it may pursue a reverse stock split if needed to restore compliance.

Sources

Greenland Technologies wins Nasdaq extension to regain $1 minimum bid compliance by March 8, 2027

Sec

Greenland Technologies wins Nasdaq extension to regain $1 minimum bid compliance by March 8, 2027

Nasdaq grants extra 180-day cure period

Possible next steps if compliance is not regained

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Sources

Greenland Technologies wins Nasdaq extension to regain $1 minimum bid compliance by March 8, 2027

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