Envirotech Vehicles Faces Nasdaq Noncompliance After Board Changes

Reuters
Feb 14
Envirotech Vehicles Faces Nasdaq Noncompliance After Board Changes

Envirotech Vehicles Inc. has faced regulatory issues related to its compliance with Nasdaq listing rules. Following the resignation of a board member, the company fell out of compliance with requirements for a majority of independent directors on its board and for its audit committee to have at least three qualified members. Nasdaq has granted a cure period for Envirotech Vehicles to regain compliance by either its next annual meeting or by specific deadlines in 2026 or 2027, depending on when the meeting is held. Additionally, the company previously failed to hold its annual meeting within the required timeframe, but has since addressed this issue and regained compliance with Nasdaq’s rules. The company intends to add a new independent director to resolve the remaining compliance matters.

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. Envirotech Vehicles Inc. 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: 0001437749-26-004125), on February 13, 2026, and is solely responsible for the information contained therein.

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