Skycorp Solar Group Limited (NASDAQ: PN) announced that it has regained compliance with NASDAQ's minimum bid price requirement for continued listing on the exchange.

The solar cable and connector manufacturer received formal notification from the NASDAQ Listing Qualifications Department on April 27, 2026, confirming its compliance status. NASDAQ previously notified the company on October 30, 2025, that its Class A Ordinary Shares had failed to maintain a minimum closing bid price of $1.00 per share over 30 consecutive business days.

For the 10 consecutive business days from April 13 to April 24, 2026, the company's Class A Ordinary Shares closed at $1.00 per share or greater, meeting the requirement under Listing Rule 5550(a)(2). NASDAQ indicated that this compliance matter is now closed.

Skycorp Solar Group is based in Ningbo, China, and operates as a solar photovoltaic product provider through subsidiaries including Ningbo Skycorp Solar Co., Ltd. The company manufactures and sells solar cables and connectors for the renewable energy market.

The information was disclosed in a company press release statement.