The company has until Jan. 25, 2027 to regain compliance with Nasdaq’s $1.00 minimum bid price rule while its shares continue trading on the Nasdaq Capital Market.
SunCar Technology Group Inc. said it received a Nasdaq notification on July 27, 2026 stating that its Class A ordinary shares were out of compliance with the exchange’s $1.00 minimum bid price requirement after closing below that threshold for 30 consecutive business days from June 10 through July 24. The notice does not have an immediate effect on the listing, and SunCar’s shares will continue to trade on the Nasdaq Capital Market during an initial 180-day compliance period that runs through Jan. 25, 2027. The company can regain compliance if its closing bid price reaches at least $1.00 for a minimum of 10 consecutive business days during that period. If it fails to do so, SunCar may qualify for an additional 180 days if it meets other continued listing standards and signals its intent to cure the deficiency, including through a reverse stock split if necessary. Nasdaq may move to delist the shares if the company is not eligible or unable to cure the deficiency, though SunCar would have the right to appeal to a Nasdaq hearing panel. The company also said a separate low-price trigger applies if the shares close at $0.10 or less for 10 consecutive trading days during a compliance period. SunCar, founded in 2007, describes itself as an AI-powered B2B auto insurance and services provider in China that operates cloud-based platforms connecting drivers, sales partners and a broad network of independent service providers.