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Nasdaq notifies NextNRG of MVLS deficiency below $35M and notes failure to meet equity or income standards
NXXTNextnrg, Inc.
On October 21, 2026, Nasdaq notified NextNRG that its market value of listed securities fell below the $35 million minimum for 30 consecutive business days. The exchange also noted non-compliance with alternative listing standards requiring at least $2.5 million in stockholders' equity or positive net income. The company has until April 19, 2027 to regain compliance by maintaining a market value of $35 million for ten consecutive days or meeting the equity requirement. This follows a previous delisting determination regarding the $1.00 bid price rule, which is currently under appeal before the Nasdaq Hearings Panel with a hearing scheduled for October 22, 2026. NextNRG operates in the renewable energy sector.