Kandi Technologies must regain compliance by November 2026 or risk delisting after shares traded below $1 for 30 days.
Kandi Technologies (KNDI) received a Nasdaq warning for failing to maintain a $1 minimum bid price for 30 consecutive business days. The company now has until November 2, 2026, to regain compliance by ensuring shares trade above $1 for 10 straight days.
KNDI shares will remain listed on Nasdaq during the compliance period. If the company fails to meet the requirement, it may transfer to the Nasdaq Capital Market or consider a reverse stock split to avoid delisting.
No immediate market reaction was reported following the announcement.