Turbo Energy Faces Nasdaq Non-Compliance Over Minimum Equity Requirement

Reuters01-17

Turbo Energy Faces Nasdaq Non-Compliance Over Minimum Equity Requirement

Turbo Energy SA has received a notice from the Nasdaq Stock Market indicating that the company is no longer in compliance with the minimum stockholders’ equity requirement of $2.5 million, as mandated by Nasdaq Listing Rule 5550(b)(1). As of June 30, 2025, Turbo Energy reported stockholders’ equity of approximately $1.5 million. The company also does not meet alternative continued listing standards related to market value of listed securities or net income from continuing operations. Turbo Energy has 45 days to submit a plan to regain compliance, with the possibility of an extension of up to 180 days if the plan is accepted. The notice does not immediately affect the company’s Nasdaq listing or trading of its shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Turbo Energy SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9627316-en) on January 16, 2026, and is solely responsible for the information contained therein.

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