Huachen AI Parking Management Receives Nasdaq Notification for Minimum Bid Price Deficiency
Shanghai, China, August 6, 2025 - Huachen AI Parking Management Technology Holding Co., Ltd. (NASDAQ: HCAI), a leading provider of smart-parking solutions and equipment-structural parts in China, has announced that it received a notification from Nasdaq regarding a minimum bid price deficiency. According to the notice, the company's ordinary shares have closed below the $1.00 per share requirement for the past 30 consecutive business days, breaching Nasdaq Listing Rule 5550(a)(2). Despite this, there is no immediate impact on the listing or trading of the company's shares. Huachen AI has been given a 180-day compliance period, until February 2, 2026, to meet the requirement. The company is exploring options to rectify this issue and remains dedicated to maintaining its Nasdaq listing and delivering shareholder value.
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. Huachen Ai Parking Management Technology Holding Co. Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9507309-en) on August 06, 2025, and is solely responsible for the information contained therein.
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