Blink Charging Co. Faces Nasdaq Delisting Risk Due to Low Stock Price

Reuters
05-14
<a href="https://laohu8.com/S/BLNK">Blink Charging</a> Co. Faces Nasdaq Delisting Risk Due to Low Stock Price

Blink Charging Co. has announced that it received a written notice from the Nasdaq Stock Market regarding non-compliance with Nasdaq's minimum bid price requirement. For the past 31 consecutive business days, the company's common stock has closed below the $1.00 per share threshold, which is necessary for continued listing on the Nasdaq Capital Market. The notice does not immediately affect the company's stock listing or trading. Blink Charging has a 180-day period, expiring on November 5, 2025, to regain compliance by achieving a closing bid price of at least $1.00 per share for ten consecutive business days. If unsuccessful, the company may qualify for an additional 180-day compliance period, provided it meets all other listing standards and notifies Nasdaq of its intent to rectify the issue, potentially through a reverse stock split. Blink Charging is assessing options to resolve the deficiency but acknowledges there are no guarantees of regaining compliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blink Charging Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-009987), on May 13, 2025, and is solely responsible for the information contained therein.

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