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Huachen AI Parking Management Technology Holding Co., Ltd (NASDAQ:HCAI) shares surged sharply in after-hours trading Monday, climbing 56.78% to $0.23, after the company disclosed a regulatory update tied to its Nasdaq listing compliance.
Nasdaq Compliance Update
The company revealed in a Form 6-K filing that it first received a notice from Nasdaq Stock Market on Aug. 4, 2025, stating that it failed to meet the minimum bid price requirement of $1.00 for 30 consecutive business days.
Huachen was initially granted a 180-day compliance period through Feb. 2, 2026, but did not regain compliance within that timeframe.
On Feb. 4, 2026, Nasdaq granted the company an additional 180-day compliance period, extending the deadline to Aug. 3, 2026. To …
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