New York, May 14, 2026, 15:05 EDT
- Smart Powerr jumped to 78.83 cents, up 58.83 cents on the day, after earlier hitting 90.37 cents in intraday action.
- Just days after a filing revealed Nasdaq warned the company about failing to meet the $1 minimum bid requirement—and flagged a possible suspension—the stock is rallying.
- The company said requesting a hearing would halt any suspension or delisting moves for now, though it cautioned there’s no guarantee it can retain its Nasdaq listing.
Smart Powerr Corp. shares shot up Thursday in brisk trading, with the tiny U.S. clean-energy stock morphing into a fast-moving momentum play. The Nasdaq delisting issue? Still hanging over the company.
In recent trade, the stock changed hands at 78.83 cents—a jump of 58.83 cents from its 20-cent finish on Wednesday—following a session that saw prices fluctuate between 20.11 cents and 90.37 cents. Market data put volume at roughly 395.3 million shares.
This shift is notable, with Smart Powerr still facing a ticking clock on its Nasdaq listing. The Xi’an, China firm revealed in a May 7 filing that Nasdaq alerted it on May 1—shares had traded under $1 for 30 consecutive sessions, putting Smart Powerr in violation of the minimum bid price requirement.
According to Nasdaq’s notice, shares are set to be suspended at the open on May 12, with a delisting form ready to go to the U.S. Securities and Exchange Commission unless Smart Powerr asks for a hearing by May 8. The company noted that simply requesting a hearing would automatically put the suspension on hold as the review moves forward.
Smart Powerr said it would take “all reasonable measures” to regain compliance, eyeing another reverse stock split—shrinking the share count to bump up the price, but leaving total value untouched. Even so, the company warned there’s no guarantee Nasdaq will keep its listing alive, or that compliance can be restored and held.
This listing snag stands out from a standard warning. According to the filing, Nasdaq informed Smart Powerr it couldn’t access the regular compliance window since the company had already completed a reverse stock split during the past year.
Back in July 2025, Smart Powerr rolled out a 1-for-10 reverse split, targeting Nasdaq’s minimum bid rule. The company said holders would see every 10 shares consolidated into a single share, with the CREG ticker sticking around.
It was a big rally, especially given the turbulence across clean-energy stocks. Enphase Energy and SolarEdge — both bigger names — posted gains Thursday. But Canadian Solar slipped, according to market data. Still, none of them came close to matching the surge in Smart Powerr.
Smart Powerr, a Nevada holding company, runs most of its business through subsidiaries based in China. In its 2025 annual report, the company said it previously focused on waste-energy recycling, but now it’s working to branch out into integrated energy-storage solutions.
Smart Powerr’s annual report laid out a sparse top line. Revenue for 2025 landed at $262,509, all of it coming from a decade-long operations and maintenance deal on power stations. Net loss? $2.9 million—almost double the $1.56 million shortfall booked the previous year.
There’s a catch: Thursday’s rally still left the stock trading under Nasdaq’s $1 minimum. That means the listing issue isn’t off the table. Another reverse split might push the price higher, but it also highlights just how little breathing room the company has with its backers.
