Tag: nasdaq listing qualifications department

Skycorp Solar Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Ningbo, China, Nov. 03, 2025 (GLOBE NEWSWIRE) — Skycorp Solar Group Limited (Nasdaq: PN) (the “Company”), a solar PV product provider engaged in the manufacture and sale of solar cables and solar connectors, today announced that the Company received a notice (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on October 30, 2025, stating that the Company’s Class A ordinary shares, par value $0. 0001 per share (the “Class A Ordinary Shares”), fail to comply with the $1. 00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Class A Ordinary Shares for the 30 consecutive business days prior to the date of the Notice.