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Nasdaq grants PowerBank 180-day extension to regain compliance with minimum bid price requirement, moving listing to Capital Market
PBKPOWERBANK Corp
PowerBank Corporation received an additional 180-day compliance period from Nasdaq to regain compliance with the minimum bid price requirement, extending the deadline to March 28, 2027. The company also transferred its listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective October 1, 2026. Additionally, certain directors, officers, and consultants established an automatic securities disposition plan (ASDP) effective October 2, 2026, allowing for pre-arranged sales of common shares with specific volume limits to mitigate market impact. PowerBank Corporation is a vertically integrated independent renewable energy company that develops distributed solar and battery storage projects in North America.