Kandi Technologies Warned by Nasdaq Over Minimum Bid Price Deficiency
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Kandi Technologies (KNDI) received a Nasdaq notification for non-compliance with the minimum bid price rule after its shares closed below $1.00 from March 23 to May 4, 2026. The company has until November 2, 2026, to restore compliance or may transfer to the Nasdaq Capital Market. Investors face delisting risk if shares trade at or below $0.10 for ten consecutive sessions. Spark's AI Analyst rates KNDI as Neutral, citing weak financial performance but a supportive balance sheet. Kandi Technologies focuses on intelligent vehicles and robotics, with a current market cap of $68.39M.
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