Turbo Energy receives noncompliance notice from Nasdaq

Turbo Energy (TURB) announced that it received a written notice from Nasdaq notifying the company that it is no longer in compliance with Nasdaq continued listing requirements. The notice indicates that, based on the company’s Form 6-K filed on November 4, 2025, reporting stockholders’ equity of approximately $1.5M as of June 30, the company does not currently meet the minimum stockholders’ equity requirement of $2.5M for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550. In addition, Nasdaq determined that the company does not meet the alternative continued listing standards relating to market value of listed securities or net income from continuing operations.