Elong Power Holding Receives Nasdaq Bid Price Deficiency Notice
Ticker: ELPW · Form: 6-K · Filed: Oct 9, 2025 · CIK: 2015691
| Field | Detail |
|---|---|
| Company | Elong Power Holding Ltd. (ELPW) |
| Form Type | 6-K |
| Filed Date | Oct 9, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00, $50 million, $15 million |
| Sentiment | bearish |
Sentiment: bearish
Topics: listing-compliance, delisting-risk, sec-filing
TL;DR
Nasdaq says Elong Power's stock price is too low, risking delisting.
AI Summary
On October 3, 2025, Elong Power Holding Limited received a deficiency notice from the Nasdaq Stock Market LLC because it is not in compliance with initial bid price requirements. The company is based in Beijing, China, and its principal executive office is located in Ganzhou City, Jiangxi Province.
Why It Matters
Failure to regain compliance with Nasdaq's bid price rule could lead to delisting, impacting the company's liquidity and investor confidence.
Risk Assessment
Risk Level: medium — The company faces a potential delisting from Nasdaq if it cannot rectify its low stock bid price.
Key Players & Entities
- Elong Power Holding Limited (company) — The company that received the notice.
- Nasdaq Stock Market LLC (company) — The exchange that issued the deficiency notice.
- October 3, 2025 (date) — Date the deficiency notice was received.
FAQ
What specific bid price requirement is Elong Power Holding Limited not meeting?
The filing states the company is not in compliance with 'initial bid price requirements' but does not specify the exact dollar amount threshold.
What is the deadline for Elong Power Holding Limited to regain compliance with Nasdaq's bid price rule?
The filing does not specify a deadline for regaining compliance.
What actions can Elong Power Holding Limited take to address the bid price deficiency?
The filing does not detail the specific actions the company plans to take, but typically companies may consider a reverse stock split.
Where is Elong Power Holding Limited's principal executive office located?
The principal executive office is located in Ganzhou City, Jiangxi Province, People's Republic of China.
Is Elong Power Holding Limited required to file annual reports on Form 20-F or 40-F?
Yes, the registrant indicates it files annual reports under cover of Form 20-F.
Filing Stats: 1,104 words · 4 min read · ~4 pages · Grade level 17.2 · Accepted 2025-10-09 17:15:14
Key Financial Figures
- $1.00 — maintain a minimum closing bid price of $1.00 per share, as set forth in Nasdaq Listi
- $50 million — o;MVLS”) was below the minimum of $50 million required for continued listing on The N
- $15 million — ;MVPHS”) was below the minimum of $15 million required for continued listing on The N
Filing Documents
- form6-k.htm (6-K) — 29KB
- ex99-1.htm (EX-99.1) — 14KB
- 0001493152-25-017638.txt ( ) — 44KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Elong Power Holding Limited Date: October 9, 2025 By: /s/ Xiaodan Liu Name: Xiaodan Liu Title: Chief Executive Officer and Chairwoman of the Board of Directors 4