# Greenland Technologies Has Until May 10, 2027 to Regain Nasdaq Bid Price Compliance

> Greenland Technologies received a Nasdaq notice after its Class A shares closed below $1.00 for 30 business days, with until May 10.

- Published: 2026-11-13T21:46:17+00:00
- Section: Regulation & Approvals
- Author: News Desk
- URL: https://newsforagent.com/news/2026-11-13/greenland-technologies-nasdaq-bid-price-notice
- Source: [Third News](https://third-news.com/article/fe9190c2-dfa8-11f1-ab2c-9ca3ba08e13f)

## Key takeaways

- Greenland Technologies received a Nasdaq notification dated November 10, 2026, after its Class A ordinary shares traded below $1.00 for 30 consecutive business days.
- The company has 180 calendar days, until May 10, 2027, to regain compliance, which requires a closing bid price of at least $1.00 for at least 10 consecutive business days.
- Greenland Technologies said the notification does not currently affect its listing on the Nasdaq Capital Market and that it may consider consolidating its shares.

[Greenland Technologies Holding](https://akta.pro/company-profiles/0006fz8/greenland-technologies-holding) Corporation received a [Nasdaq](https://akta.pro/company-profiles/00000si/nasdaq) notification dated November 10, 2026, that its Class A ordinary shares had traded below the $1.00 minimum bid price for 30 consecutive business days. [Third News](https://third-news.com/article/fe9190c2-dfa8-11f1-ab2c-9ca3ba08e13f) reported the notice, which gives the company 180 calendar days, until May 10, 2027, to regain compliance.

## Greenland Technologies' Nasdaq Deficiency Notice

Nasdaq cited Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share, according to Third News. The shortfall covered trading from September 29, 2026, to November 9, 2026. Greenland Technologies said the notification does not currently affect its listing on the Nasdaq Capital Market.

To regain compliance, the shares must close at a bid price of at least $1.00 for a consecutive period of at least 10 business days. If the company misses the May deadline, it could face delisting or become eligible for additional time. Greenland Technologies said it is monitoring its Class A shares and considering strategies including potentially consolidating its shares. The company said its core business operations remain unaffected.

Nasdaq has issued similar notices to other issuers. [TradingView](https://www.tradingview.com/news/tradingview:6c2141dd3f5a9:0-loop-industries-received-notice-of-noncompliance/) reported that Loop Industries received a Nasdaq noncompliance notice on November 9, 2026, for its publicly held shares trading below $15 million for 30 consecutive business days, with until May 10, 2027, to regain compliance.

## Greenland Technologies' Earlier Nasdaq Notice

According to akta.pro [company records](https://akta.pro/company-data), Greenland Technologies received a Nasdaq notice on March 12, 2026, of non-compliance with the $1.00 minimum bid price requirement, giving it until September 8, 2026, to regain compliance. The same records show a dual-class share structure effective February 24, 2026, with Class A ordinary shares carrying one vote each and Class B ordinary shares carrying 25 votes per share. The records list trailing twelve month revenue of about $81.6 million, operating income of about $10 million and cash on balance sheet of about $25.2 million.

## Greenland Technologies' Path to the Notice

Greenland Technologies reported a return to profitability for the second quarter and first half of 2026, posting net income of $4.9 million and $10.7 million respectively, compared with losses in the prior-year period, Gurufocus reported. In August 2026, PR Newswire reported that the company announced the commercialization of its proprietary four-wheel drive transmission systems designed for off-road forklift trucks. American Banking and Market News reported that analysts projected earnings per share of $0.13 and revenue of $24.60 million ahead of the company's November 6, 2026, third-quarter report.

## Greenland Technologies' Compliance Deadline

Greenland Technologies must hold a closing bid price of at least $1.00 for at least 10 consecutive business days before May 10, 2027, to regain compliance.

## Companies in this story

- [Greenland Technologies Holding company profile](https://akta.pro/company-profiles/0006fz8/greenland-technologies-holding) · website: https://gtec-tech.com
- [Nasdaq company profile](https://akta.pro/company-profiles/00000si/nasdaq) · website: https://www.nasdaq.com

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