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Greenland Technologies Holding Corp. received a letter from Nasdaq on September 10, 2026, granting an additional…
GTECGreenland Technologies Holding Corp.
Greenland Technologies Holding Corp. received a letter from Nasdaq on September 10, 2026, granting an additional 180-day compliance period to regain adherence to the minimum bid price requirement of $1.00 per share. The company previously failed to meet this standard for 30 consecutive business days and had until September 8, 2026, to cure the deficiency. Nasdaq has extended the deadline to March 8, 2027, contingent on the company maintaining compliance with market value and other listing standards while intending to address the bid price issue, potentially through a reverse stock split. Failure to restore the minimum closing bid price for ten consecutive business days by the new deadline will result in delisting proceedings. The company operates in the technology sector.