Smart Logistics Global is trading at $0.30, up 48.44%, after reports linked its sharp after-hours move to Nasdaq’s extension.
- Announced October 29, the extension gives the company until April 26, 2027—an additional 180 days—to regain compliance with the $1.00 minimum bid-price requirement.
- Compliance requires a closing bid of at least $1.00 for ten consecutive business days.
- Nasdaq’s notice has no immediate effect on the listing; the company may consider a reverse stock split if needed.