Blink Charging has formally submitted a request to Nasdaq for an additional 180-day compliance period to regain compliance with the minimum bid price requirement. The company believes it is eligible for a second extension until January 25, 2027, provided it meets all other listing standards for the Nasdaq Capital Market except the bid price rule. Blink expects to receive official notification of the extension by July 27, 2026, though there is no assurance Nasdaq will grant the request or that the company will regain compliance within the period.
Blink Charging CoCompany requested additional compliance period due to failure to meet Nasdaq minimum bid price requirement, indicating financial distress.