Huachen AI Parking receives noncompliance notice from Nasdaq

Huachen AI Parking (HCAI) confirmed that on it received a Nasdaq notice stating that the company is not in compliance with Nasdaq’s minimum bid price requirement. The notice advised that for the last 30 consecutive business days, the minimum closing bid price per share for the company’s ordinary shares was below the $1.00 per share requirement for continued listing under Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.